trump and president joe biden share some common ground here. both would keep cuts in place for households making under $400,000 annually, but they have very different visions. beyond that. trump would keep all individual and corporate cuts. president biden would like to raise the corporate rate from 21% to 28%, and biden's plan would bump up high income earners from 37% to 39.6%. richard rubin from the wall street journal tracks this, and he joins me now. richard, no one better to help us through this. and can you set the table here? these plans mean that for most of us, there would be no change if either president gets what they want. but can you help us understand that income group, and why, politically, both candidates want to protect it? >> i mean, people don't like to pay more, right? so people are wanting to keep the tax rates they're used to. these tax cuts have been in place since 2017, and most of us don't really think about comparing what we might pay in 2026 to what we paid in 2016. it's really about what you're paying now versus wha