When President Biden and former President Donald Trump meet on the debate stage Thursday evening for the first time in four years, both candidates are expected to tout their vision for tax policy in coming years.
The coming election is particularly consequential because whichever party voters select to control the White House and Congress next year will determine the fate of the Tax Cuts and Jobs Act.
Enacted in 2017 by Republican lawmakers and Trump, the law drastically overhauled the nation's tax code...