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October 14, 2020, 11.29 PM

Read also: Leaders Warn UN: If Covid-19 Doesn’t Kill Us, Climate Change Will

He proposes new spending on education, infrastructure and small businesses, along with raising the national minimum wage to $15 an hour.

The Democratic presidential nominee would cover some but not all of the new costs by rolling back much of the 2017 GOP tax overhaul.

He wants a corporate income tax rate of 28 percent (lower than before but higher than now) and broad income and payroll tax hikes for individuals with more than $400,000 of annual taxable income.

All that would generate an estimated $4 trillion or more over 10 years.

The Democratic presidential nominee frames immigration as an economic matter as well.

Read also: US Government to Reject New DACA Applications

He wants to expand legal immigration slots and offer a citizenship path for about 11 million residents who are in the country illegally but who, Biden notes, are already economic contributors as workers and consumers.

Trump vs Biden Policies 2020: Education

President Donald Trump has pushed for schools to fully reopen for in-person learning and announced that the federal government will begin distributing millions of rapid coronavirus tests to states.



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