Dems eyeing 2028 want huge tax cuts — but big hikes for the rich
By Holly Otterbein
Published on April 5, 2026.
Some Democrats considering presidential runs in 2028 have proposed massive tax cuts for the working and middle classes, while raising taxes for the wealthy. The proposals include eliminating federal income taxes for half of all U.S. workers, making the first $75,000 of income earned by married couples tax-free, and implementing state-based tax cuts and credits. Critics argue these plans would misuse funds that should be used for social services and undermine the argument for government programs. Maryland Sen. Chris Van Hollen's plan proposed to eliminate federal income tax for every married couple earning less than $92,000 annually and raise taxes on millionaires, while New Jersey Sen. Cory Booker proposed a bill to make the first 75,000 income of married couples taxed tax-exempt. Supporters argue that lowering ordinary Americans' taxes is more efficient way to help them than boosting government programs and could be funded by other taxes on the rich.
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