RALEIGH (United States), Aug 17 — Kamala Harris outlined proposals to cut taxes for most Americans, ban “price gouging” by grocers and build more affordable housing yesterday...
Mission accomplished: RMAF planes carrying 40 injured Palestinians and 80 of their relatives from Gaza touch down safely at Subang Air Base
The vice president also called for the construction of 3 million new housing units over four years and a tax incentive for home builders who build homes for first-time buyers. Her agenda may run into resistance from both corporations and Congress, which rejected similar proposals when they came from President Joe Biden.
In a call with reporters yesterday, Trump economic advisers Kevin Hassett and Stephen Moore argued that Harris’ proposals would boost inflation and damage the economy. A proposal to offer as much as US$25,000 to first-time homeowners would do little more than jack up home prices, they said. Some of her policies, including ones on housing and groceries, have come under attack as ill-considered and overly liberal populism by Republicans and some industry groups.
“I know most businesses are creating jobs, contributing to our economy and playing by the rules,” Harris said. “But some are not, and that’s just not right. And we need to take action when that is the case.”
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