Who gets the tax cut?

Cost of living

Democrats lowered Medicare drug costs and invested in infrastructure and domestic manufacturing. Republicans made corporate tax cuts permanent and back tariffs that raise consumer prices.

01 / Democrats

Cut costs directly, and send the bill to the top.

Key number
15%
minimum tax on the largest corporations
The Inflation Reduction Act paid for its drug and energy savings with a 15% minimum tax on the largest corporations and a tax on stock buybacks.
H.R. 5376 - Inflation Reduction Act of 2022
Key number
$400K
income threshold for the no-new-taxes pledge
The platform commits to no new taxes on anyone earning under $400,000 a year.
2024 Democratic Party Platform
The bipartisan infrastructure law funds roads, bridges, water lines and broadband - the single largest such investment in decades.
H.R. 3684 - Infrastructure Investment and Jobs Act
The CHIPS and Science Act subsidizes semiconductor manufacturing in the United States to pull that supply chain back onshore.
H.R. 4346 - CHIPS and Science Act

02 / Republicans

Lock in corporate tax cuts; add import tariffs.

The 2024 platform's central economic plank is making the 2017 Tax Cuts and Jobs Act permanent, plus eliminating taxes on tips.
2024 Republican Party Platform
The 2024 Republican platform calls for baseline tariffs on imported goods, with costs passed through to consumers as higher prices.
2024 Republican Party Platform Federal Reserve - 2025 tariffs raised consumer prices
Key number
35% to 21%
permanent corporate rate reduction in the 2017 law
In the 2017 law, the corporate rate cut from 35% to 21% was written as permanent. The individual cuts were written to expire.
H.R. 1 - Tax Cuts and Jobs Act of 2017
The 2025 reconciliation law extended those expiring individual provisions.
H.R. 1 (119th Congress), enacted July 2025

The receipts

What each side did when it had the votes.

Dark is yea, grey is nay. Each card names who drove the action and how the other party responded. Every one links to the official record.

Dec 20, 2017 · H.R. 1 (115th)

Republican-backed

Tax Cuts and Jobs Act

What passed

Lowered many individual tax rates temporarily and cut the corporate rate from 35% to 21% permanently.

Why Democrats opposed this bill

This was a vote on the whole package, not a separate vote against lowering tax rates. Senate Democratic leaders objected to permanent corporate cuts paired with temporary individual cuts. CBO and JCT projected about $1.46 trillion in added deficits over 2018–2027.

Senate Democratic Caucus CBO / JCT estimate

Republicans passed the final bill. No Democrat in either chamber voted yes.

Final vote

HouseYea 224·Nay 201

0 Democratic yes votes; 12 Republicans voted no.

SenateYea 51·Nay 48

0 Democratic yes votes.

Signed into law in 2017.

House roll call ↗Senate roll call ↗

Nov 15, 2021 · H.R. 3684

Bipartisan passage

Infrastructure Investment and Jobs Act

Roads, bridges, transit, water, and broadband.

A Democratic administration priority passed with support from both parties.

Final vote

SenateYea 69·Nay 30

HouseYea 228·Nay 206

Signed into law with votes from both parties after Democrats made it a governing priority.

Read the record ↗

Aug 9, 2022 · H.R. 4346

Bipartisan passage

CHIPS and Science Act

Subsidies and tax credits for domestic semiconductor fabrication and research.

Democrats and Republicans supplied votes in both chambers.

Final vote

SenateYea 64·Nay 33

HouseYea 243·Nay 187

Signed into law with bipartisan majorities.

Read the record ↗

Next: Abortion Now see your ballot

Positions

Cut costs directly, and send the bill to the top.

Lock in corporate tax cuts; add import tariffs.

What each side did when it had the votes.

Tax Cuts and Jobs Act

Infrastructure Investment and Jobs Act

CHIPS and Science Act