Harris said Mr. Trump’s tariffs would amount to “a Trump tax on gas, a Trump tax on food, a Trump tax on clothing, a Trump tax on over-the-counter medication.”. There was little overlap in ... Our model shows that Trump’s proposals for extending income-tax cuts and lowering corporate tax lifts debt to 116% of GDP in 2028. Harris’s plans for child credits, homebuyer support and ... Child Tax Credits Viewed Positively. Both campaigns have proposed expanding the child tax credit—Harris would raise it to up to $3,600 per child and $6,000 for newborns, and the Trump campaign ... They also expected Trump’s policies to slow down economic growth in the second half of 2025 by up to 0.5 percentage points. Harris’s plans, they said, would slightly boost GDP growth. “I don ... Trump has vowed to seal the border by completing the construction of a wall and increasing enforcement. But he urged Republicans to ditch a hardline, cross-party immigration bill, backed by Harris ... Consequences of Harris vs. Trump Vice President Kamala Harris and former President Donald Trump will pursue very different economic policies if elected president. Each has put forward a wide range of proposals to change the tax code, government spending, and trade, immigration and regulatory Former President Donald Trump has his own economic record to stand on from his time in office and it is one that was marked by a huge tax cut, ... Harris vs. Trump on Inflation and Monetary Policy. By Patty Housman | October 24, 2024. With a tighter-than-ever presidential race, and less than two weeks to go until Election Day, American University’s economics professors are breaking down the key policies shaping the contest between Kamala Harris and Donald Trump. From taxes and tariffs to inflation and affordable housing, an October 15 ... Anthony J. Rivera. , Abbie Cheeseman. and. Justine McDaniel. September 10, 2024 at 2:45 p.m. EDT. We’re collecting Vice President Kamala Harris’s and former president Donald Trump’s stances ...
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