Recommended

Abortion, parental rights, trans issues: What would a Kamala Harris victory look like?

Viacheslav Bublyk/Unsplash
Viacheslav Bublyk/Unsplash
Economy

Harris’ economic agenda includes providing up to $25,000 to first-time homebuyers as part of an effort to “help more Americans experience the pride of ownership and the financial security that it represents and brings — offering more Americans a path to the middle class and economic opportunity.”

Her plan, as outlined in the campaign’s economic policy booklet, also calls for increasing the federal minimum wage and ending “the sub-minimum wage for tipped workers and people with disabilities.” 

Additional aspects of the campaign’s vision for the economy include the elimination of “taxes on tips for service and hospitality workers,” the increase of the corporate tax rate to 28% and the expansion of the startup expense tax deduction for new businesses from $5,000 to $50,000. Harris also hopes to reach an “ambitious goal of 25 million new business applications by the end of her first term,” a figure she identified as “over 10 million more than Trump saw during his term.”

Get Our Latest News for FREE

Subscribe to get daily/weekly email with the top stories (plus special offers!) from The Christian Post. Be the first to know.

Harris has also signaled her intention to “sign landmark pro-union legislation, including the PRO Act to support workers who choose to organize and bargain and the Public Service Freedom to Negotiate Act to make the freedom for public service workers to form unions the law of the land.”

Ryan Foley is a reporter for The Christian Post. He can be reached at: ryan.foley@christianpost.com

Was this article helpful?

Help keep The Christian Post free for everyone.

By making a recurring donation or a one-time donation of any amount, you're helping to keep CP's articles free and accessible for everyone.

We’re sorry to hear that.

Hope you’ll give us another try and check out some other articles. Return to homepage.

Most Popular

More Articles