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What Trump and Biden tax policies could mean for your paycheck, tax return, investments and retirement savings

October 20, 2020

President Donald Trump says the American Dream is on the line this election, while Democratic challenger Joe Biden says his campaign is locked in a “battle for the soul of this nation.”

That’s weighty rhetoric, but it’s also intangible. How might the candidates affect the things you can see and hold, like a paystub, an income tax return or a portfolio statement?

A lot of people would like to know, polls suggest.

Almost 80% of registered voters told the Pew Research Center that the economy was a very important issue in this highly-charged election. Seventy-seven percent of voters told YouGov that domestic issues were most important; the economy was the second top priority behind the coronavirus outbreak and response.

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