Manchester, UNITED STATES
Democratic 2020 U.S. presidential candidate and former Vice President Joe Biden speaks at a campaign...
Former Vice President Joe Biden:
Biden, a top contender for the 2020 Democratic nomination, would roll back some of the 2017 tax cuts. Doing so would help pay for his plans to improve and expand the Affordable Care Act, formally known as Obamacare, which was passed in 2010 but which Trump has sought to replace.
Biden wants to roll back some of Trump's tax cuts by raising the marginal tax rate on the highest income earners back to 39.6%, from 37%, and would also raise some taxes on investment profit.
Like many of the Democratic candidates, he also supports expanding some tax credits for lower-income workers and raising the federal minimum wage.
"It's time to reward work, not just wealth," Biden says regularly in campaign events. Yet Biden has stopped short of endorsing some of the more aggressive economic proposals of his rivals, from universal income guarantees to imposing federal taxes on wealth.
Mayor Pete Buttigieg of South Bend, Indiana
Hailing from a city ravaged by the loss of automobile manufacturing, Buttigieg has emphasized efforts to renew a U.S. economy he sees as tilted to the wealthy.
"Our country is in trouble," he said in a debate in July. "GDP is going up and life expectancy is going down. Think about what that means. And it's only getting tougher."
Buttigieg proposes plans to pour billions of dollars of investment into the African-American community and into rural areas. He has also proposed legislation requiring companies to disclose gender pay disparities and boosting paid sick leave and family-leave policies. REUTERS/Mary Schwalm