Comparing Party Platforms
A close examination of each Party’s most recent Platform (2016) reveals its core beliefs and could provide a powerful indication of how that Party’s nominee will vote.
For your convenience, we have broken the lengthy party platforms into digestible portions based on topic and placed them side-by-side for comparison.
Democratic Party Platform
FIGHT FOR ECONOMIC FAIRNESS AND AGAINST INEQUALITY (p. 9)
Making the Wealthy Pay Their Fair Share of Taxes (p. 11)
We will ensure those at the top contribute. . . establishing a multimillionaire surtax to ensure millionaires and billionaires pay their fair share. . . we will shut down the “private tax system” for those at the top, immediately close egregious loopholes. . . restore fair taxation on multimillion dollar estates, and ensure millionaires can no longer pay a lower rate than their secretaries. At a time of near-record corporate profits, slow wage growth, and rising costs, we need to offer tax relief to middle-class families—not those at the top.
. . .no one should be able avoid paying their fair share by hiding money abroad. . . We will work to crack down on tax evasion and promote transparency. . . make sure that law-abiding Americans living abroad are not unfairly penalized. . .
We will offer tax relief to hard working, middle-class families. . .
This section was shortened from 407 to 268 words. For full text, see page 11 of the Full 2016 Democratic Party Platform.
Republican Party Platform
Fair and Simple Taxes for Growth (p. 1)
The current tax code. . . length is exceeded only by its complexity. We must start anew. That will be an enormous undertaking and, if it is to suc¬ceed, it must. . . be engineered from the top down. . . a common sense approach, and be simplified.
Our proposal is straightforward. Wherever tax rates penalize thrift or discourage investment, they must be lowered. Wherever current provisions of the code are disincentives for economic growth, they must be changed. . . We will eliminate as many special interest provisions and loopholes as possible and curb corporate welfare. . . We will be mindful of the burdens on families with children and the im¬pact on an aging population. We will seek simplicity and clarity so that every taxpayer can understand how much of their income is consumed by the fed¬eral government.
We will welcome all to this enterprise — to discuss, debate, challenge, and amend — so that together we can restore economic growth for the American people and, even more important, renew their faith in the future.
This section was shortened from 303 to 200 words. For full text, see page 1 of the Full 2016 Republican Party Platform.
Our Tax Principles (p. 2)
We oppose tax policies that deliberately divide Americans or promote class warfare. Because of the vital role of religious organizations, charities, and fraternal benevolent societies in fostering generosity and patriotism, they should not be subject to taxation and donations to them should remain deductible. To guard against hypertaxation of the American people in any restructuring of the federal tax system, any value added tax or national sales tax must be tied to the simultaneous repeal of the Sixteenth Amendment, which established the federal income tax.