As election day looms, Americans are faced with a stark decision between restoring Trump’s economic strength or embracing Kamala Harris’s progressive upheaval.
At a Glance
- Trump’s past policies brought economic vitality and secure borders.
- The Biden-Harris administration faces criticism for inflation and unresolved immigration issues.
- Trump’s plan involves significant tax cuts and energy independence initiatives.
- Harris advocates for higher taxes on the wealthy to fund social justice and environmental projects.
America’s Diverging Paths
The upcoming election offers Americans a chance to choose between Donald Trump’s aggressive economic policies and Kamala Harris’s so-called “forward-looking” progressive agenda. Trump’s tenure emphasized economic growth and border security, contrasting with the current administration’s perceived inability to manage inflation and other key issues. Critics claim that Harris’s credentials fall short, overlooking her proposed taxing policies, which are pegged more on social welfare rather than reducing government deficits.
Trump’s policies focus on energizing business growth through fiscal deregulation and tax cuts, targeting oil and gas freedom. Harris, by contrast, seeks wide-reaching reforms, such as building more housing (somehow), while heavily taxing wealth to fund larger social programs. Under Trump’s last administration, supporters argue the U.S. was more prosperous and secure. Because it was.
My plans for the economy will strengthen our economy. Trump's will make it weaker.
Those are the facts. pic.twitter.com/JPaMC7BkrX
— Kamala Harris (@KamalaHarris) October 17, 2024
Economic Policies: Head-to-head
In economic policies, Trump proposes deregulation, tax cuts for corporations, and no taxes on Social Security income, asserting it would catalyze economic activity. He also supports tariffs to boost domestic manufacturing.
“On my first day back in the Oval Office, I will sign an executive order directing every Cabinet secretary and agency head to use every tool and authority at their disposal to defeat inflation,” Trump promises.
Harris, however, embraces socially-aware taxation—proposing taxes on big corporations to fund social initiatives like affordable housing and parental support.
Harris proposes a 28% tax on long-term capital gains for high-earners to encourage investment. Her reforms aim at creating millions of businesses and homes, expanding child tax credits, and focusing on Medicare expansion. Yet, Trump’s advocates stress that his policies will rejuvenate American energy sectors—hoping to lower costs for households.
Your choice is clear. More tax, or more freedom and prosperity?
