“trade policy. Trump’s protectionist stance is well-known, with his administration imposing tariffs on a wide range of goods, particularly from China. He has since announced that he would like to impose an across-the-board 10 percent and then 20 percent tariff on imports to the U.S., on top of the those already in place.
But Harris’ stance is hardly better. She has embraced a “worker-centered” trade policy that looks suspiciously similar to Trump’s “America First” approach. Both emphasize protecting existing American jobs and industries, even at the cost of higher prices for beleaguered consumers, fewer resources to start new firms that will lead to more opportunity for the next generation of workers, and reduced economic efficiency. And let’s not forget that during the last four years, the Biden-Harris administration has imposed its fair share of tariffs while keeping many of Trump’s.”
…
“Both sides want to subsidize homeownership. The Republican platform advocates for the government to “promote homeownership through Tax Incentives.” The Harris campaign has announced a $25,000 subsidy for first-time homebuyers. Both plans would subsidize housing demand, thus putting upward pressure on housing prices. Great for people who already own homes; not so great for the new homebuyers themselves.”
…
“Both Harris and Trump represent variations on a theme of big, fiscally irresponsible, hyper-interventionist government.”
https://reason.com/2024/08/22/trump-and-harris-economic-plans-are-depressingly-similar/
“Harris is proposing policies like raising taxes on corporations and creating new tax credits, while Trump promises to institute new tariffs and to cut taxes on certain businesses. There’s not a lot the two agree on, other than a proposal to eliminate federal taxes on tips.
As president, both candidates would struggle to make their promised changes unilaterally as taxation is controlled by Congress, not the executive branch. Neither party seems on track to make the type of huge House or Senate gains a president would need to ram their agenda through Congress, and it’s possible control continues to be split between parties, a recipe for gridlock.
That makes these plans more about demonstrating an economic philosophy to voters than anything else.”
…
“Harris has said she wants to:
Set the capital gains tax rate at 28 percent
Set the corporate tax rate at 28 percent
Give new small businesses a tax break of up to $50,000
Create a $25,000 tax credit for first-time homebuyers
Increase the child tax credit for all parents, including giving new parents a $6,000 credit
Eliminate certain taxes on tips
Ensure no tax hikes on individuals making less than $400,000”
…
“Trump says he plans to:
Slash some corporate taxes to 15 percent
Institute a tariff of up to 20 percent on all imports (except those from China, which would have a 60 percent tariff)
Renew the individual tax cuts from 2017, keeping even the highest income tax brackets where they are
Get rid of taxes on Social Security benefits
End taxes on tips”
https://www.vox.com/2024-elections/370753/taxes-debate-trump-harris-irs-tariffs-child-tax-credit
“Hamas terrorists targeted primary schools in order to kill babies and children or take them hostage, according to plans retrieved from the bodies of dead gunmen.
The documents, published by NBC News on Saturday, reveal that the terrorists were instructed to attack schools and a youth centre in the kibbutz of Kfar Sa’ad.”
https://www.yahoo.com/news/hamas-purposefully-attacked-places-where-120212165.html
““The four leading candidates would all spend money to expand coverage and they would all raise taxes to help cover the costs,” Committee for a Responsible Federal Budget senior vice president Marc Goldwein said in an interview Friday. “We estimate only one candidate would actually raise enough to assure their plan doesn’t add to the national debt.”
With the higher price tags come lower out-of-pocket costs for millions of Americans under the Warren and Sanders plans.”