Income Effects of Trump vs. Harris Economic Proposals

After tax and transfers, estimates from the Penn Wharton Budget Model suggest that Kamala Harris's proposals would boost low-income groups while costing rich ones.

Percent Change as of 2026
Note: Notes: Percent changes are from the baseline expectation for income in 2026. Baseline income is about $20,000 for the bottom quintile, $81,400 for the middle quintile and $327,000 for the group in the 90-95 percent range. Source: Penn Wharton Budget Model By The New York Times