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?

Metaculus
★★★☆☆
33%
Unlikely
Yes

Question description

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?

[fine-print] 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. [/fine-print]

Indicators

IndicatorValue
Stars
★★★☆☆
PlatformMetaculus
Number of forecasts338

Capture

Resizable preview:
33%
Unlikely

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...

Last updated: 2022-08-08
★★★☆☆
Metaculus
Forecasts: 338

Embed

<iframe src="https://metaforecast-9n1bj7elb-quantified-uncertainty.vercel.app/questions/embed/metaculus-5174" height="600" width="600" frameborder="0" />