Vice President Kamala Harris unveiled her ambitious economic plan, which aims to revitalize the middle class and address key issues like housing affordability and price gouging. While some have hailed the plan as revolutionary, experts like James Nelson argue that while it's a good start, more comprehensive action may be needed to truly tackle the root causes of economic inequality.
Key Points of Harris's Plan
1. Tackling Price Gouging: Harris pledges to combat price gouging in her first 100 days, proposing a national ban and empowering the FTC to investigate big grocery mergers and price fixing.
2. Housing Assistance: A $25,000 down payment assistance for first-time homebuyers and plans to build 3 million new housing units in four years.
3. Child Tax Credit: A $6,000 tax credit for newborns and restoration of the $3,600 per child credit for middle and lower-class families.
4. Tax Reform: Expand earned income tax credits and maintain the pledge not to raise taxes on households earning unde…
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