Harris vows middle-class tax cut as president
Democratic presidential nominee and U.S. Vice President Kamala Harris takes the stage on Day 4 of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, US, August 22, 2024. PHOTO:REUTERS
Democratic presidential candidate Kamala Harris said in her Democratic National Convention speech on Thursday that as president she will aim to pass a middle class tax cut.
Harris said her opponent, Republican presidential candidate Donald Trump, was not concerned about the middle class.
"Instead of the Trump tax hike we will pass a middle class tax cut that will benefit more than 100 million Americans," Harris said in her speech, without giving further details.
Harris argued that the Republican former president's plan for tariffs will serve as a price hike. Trump has threatened to use tariffs to achieve what he terms as fair trade relations and deals with other countries.
Harris called building the middle class "a defining goal of her presidency" and vowed, if elected, to create an "opportunity economy" where "everyone has the chance to compete and a chance to succeed."
Last week, Harris outlined proposals to cut taxes for most Americans, ban "price gouging" by grocers and build more affordable housing.
Her agenda may run into resistance from both corporations and the US Congress, which rejected similar proposals when they came from Democratic US President Joe Biden.
Harris is aiming to draw a contrast with her opponent on broad economic policies, specifically on tariffs and taxes.