Your submission is now in Draft mode.

Once it's ready, please submit your draft for review by our team of Community Moderators. Thank you!

Submit Essay

Once you submit your essay, you can no longer edit it.

Pending

This content now needs to be approved by community moderators.

Submitted

This essay was submitted and is waiting for review.

Biden restores 39.6% tax bracket before 2025

Question

In the Tax Cuts and Jobs Act of 2017, Republicans and President Trump advocated for lower taxes and reduced the highest tax bracket from 39.6% to 37% effective the 2018 tax year.

If Joe Biden is elected president of the US in 2020, will the highest tax bracket be restored to its original 39.6% or higher before 2025?

This question resolves:

  • Positive if Biden is elected president for the 2021-2024 term, and the upper tax bracket for US single tax payers is increased to at least 39.6%.
  • Negative if he is elected but the upper tax bracket is not increased to at least 39.6%.
  • Ambiguous if he is not elected President in 2020.

Make a Prediction

Prediction

Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

Current points depend on your prediction, the community's prediction, and the result. Your total earned points are averaged over the lifetime of the question, so predict early to get as many points as possible! See the FAQ.