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US Election: Harris Promises Tax Cuts - Trump Rants About ...
2024-08-17 09:00:08
Politics
Economy

US Election: Harris Promises Tax Cuts - Trump Rants About 'Communist' Measures

Image courtesy of : AFP (RONDA CHURCHILL)

Democratic Vice President and presidential candidate Kamala Harris promises tax cuts, assistance for first-time homebuyers, and a ban on food price gouging in politically contested North Carolina. Her plans require congressional approval and she does not provide specifics on how they will be funded.

President Biden supports Harris as a potential successor. Harris acknowledges that many Americans have yet to feel the impact of Biden's policies.

Republican Trump criticizes the proposals as 'communist' and warns of hunger and poverty. The attacks between Harris and Trump escalate, with Trump falsely claiming Harris supports an 80% tax hike.

Harris is a social democrat who advocates for a strong social safety net and policies to reduce inequality. Her proposed measures include mortgage assistance, tax credits for parents, and bans on price gouging.

Harris's positions align with mainstream Democratic policies and have widespread public support. Trump's attacks on Harris's character have not gained traction.

Voters are evaluating the policy differences between Trump and Harris as they consider their choices in the upcoming election.

Related news on that topic:

Kamala Harris's Economic Plan: Lowering the Cost of Living for ... for Americans

Kamala Harris, a US presidential candidate, has presented her economic plan to address the high cost of living. Her proposals include tax cuts for the middle class, measures against price gouging, and assistance for first-time homebuyers. However, her plans have been criticized by Donald Trump, who labeled them as 'communist'. Trump also attacked Harris personally, making claims about her origin and skin color. Harris aims to prioritize the economic security and dignity of the middle class if elected as president. While Harris's proposals require congressional approval, she highlights the progress made under the Biden administration. It remains to be seen how these economic policies will resonate with voters, as the economy is a top issue in the upcoming election. However, polls show that voters are dissatisfied with the current economic situation and are split on who they trust to handle the economy.

Kamala Harris Unveils Economic Plan to Combat Price Gouging and ... Boost Housing

Kamala Harris revealed her economic strategy, aiming to create millions of new homes, offer tax credits for families, cancel medical debt, and prohibit price gouging. The plan includes capping insulin costs at $35, providing down payment assistance for first-time home buyers, and granting tax credits to builders. Despite her proposal to ban corporate price gouging in the food industry, economists debate its effectiveness, attributing high prices to supply chain disruptions and increased demand. Harris prioritizes a child tax credit, including a $6,000 credit for newborns, contrasting with former President Trump's lack of focus on the issue. The effectiveness of Harris' policies remains uncertain amidst concerns about passing legislation in the current political climate.

Read 18 more recent news on this topic

The press radar on this topic:

The Guardian
16. August 2024 um 21:59

Harris to fight child poverty and help first-time homebuyers; Philadelphia to host first Harris-Trump debate – live

Politics
Economy
Harris to propose policies on child poverty, first-time homebuyers; Trump plans outdoor rallies with security measures; Harris-Trump debate set for 10 September in Philadelphia, hosted by ABC News; Trump's running mate Vance to campaign in Milwaukee, Wisconsin; Democratic national convention, Biden to proclaim monument for 1908 race riot in Springfield, Illinois; Trump announces presidential transition team including Vance, his sons, and business figures Lutnick and McMahon.
Yahoo!
17. August 2024 um 00:19

What Trump, Harris policies mean for voters

Politics
Economy
ABC15 is taking a look at the policies of Donald Trump and Kamala Harris and breaking down what that means for voters.
EL PAÍS
17. August 2024 um 03:45

Is Kamala Harris a communist? Trump is quite nervous

Politics
Economy
The response to the rise of the vice president in the polls is to say a lot of nonsense and see if any of it sticks. Your subscription is being used on another device. Your subscription is being used on another device and you can only access EL PAÍS from one device at a time. Donald Trump has been using an ugly word to describe the Vice President of the United States, Kamala Harris. No, I'm not referring to the word that starts with 'p', although he apparently uses it in private. I'm referring..
DER SPIEGEL
17. August 2024 um 05:51

Kamala Harris Promises Tax Cuts for the Middle Class - DER SPIEGEL

Politics
Economy
Kamala Harris, the Democratic US presidential candidate, promises tax cuts for families and people with middle and low incomes. She announces a tax credit of $6,000 for the first year of a child's life and wants to introduce a nationwide ban on price gouging on food.
CW

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