Source: NC Newsline
Vice President Kamala Harris unveiled a broad economic plan at her presidential campaign stop in Raleigh, calling her policy agenda a way to create an “opportunity economy”.
“Together, we will build what I call an opportunity economy,” VP Harris stated at the rally. “An economy where everyone can compete and have a real chance to succeed. Everyone, regardless of who they are, where they start, has an opportunity to build wealth for themselves and their children.”
According to a new national poll, voters in battleground states, like North Carolina, say the economy is a top issue for them and will be a major factor in deciding whom they will cast their ballot for in November.
In the past, polls have shown that voters prefer Trump on the economy, however, recent polls reveal that VP Harris has cut into his lead.
“This election, I do strongly believe, is about two very different visions for our nation,” VP Harris stated. “One — ours — focused on the future and the other focused on the past. We see that contrast clearly in many ways, including when it comes to how we think about the economy.”
To a crowd at Wake Tech Community College’s northern campus, VP Harris underscored her desire to create economic opportunities for middle-class Americans. According to NC Newsline, among her proposals are:
- Banning price gouging on food and groceries
- Helping eligible first-time homebuyers by providing $25,000 in downpayment assistance to people who have paid their rent on time for at least two years.
- Providing a tax incentive to home builders who build starter homes sold to first-time buyers
- Expanding the existing tax incentive that encourages construction of affordable rental housing.
- Restoring the $3,600 child tax credit that was part of the American Rescue Plan but expired in 2021. The one-year expansion was credited with reducing child poverty.
- Providing up to $6,000 in tax relief for middle-income and low-income families when they welcome new babies.
- Expanding the Earned Income Tax Credit for people in low-income jobs who aren’t raising children, to cut their taxes up to $1,500.
“I will focus on cutting needless bureaucracy and unnecessary regulatory red tape … while protecting consumers and creating a stable business environment with consistent and transparent rules of the road,” VP Harris stated. “The key to creating this opportunity economy is building up our middle class. It is essential.”
