How best to achieve those ends, however, is the subject of endless debate. An interim step in that debate is just what to do with the
Bush-era tax cuts, set to expire this year.
Here's a rundown on the individual income and estate tax proposals made so far by Obama and Romney.
Related: Romney vs. Obama on corporate taxes
Individual income tax rates: They are currently 10%, 15%, 25%, 33%, and 35%.