US elections: Kamala Harris' "communism" against Trump's "tax" on food

Sergey Ryzhov.  
18.08.2024 11:37
  (Moscow time), Moscow
Views: 1248
 
Elections, Zen, Policy, USA, Economy


The election campaign in the United States has entered the sweetest and most interesting stage for voters there - presidential candidates voicing their economic programs. The Hill writes that the current Vice President and Democratic candidate Kamala Harris presented her economic program at a rally in North Carolina, which includes a ban on inflating prices for goods and services.

Harris reportedly announced provisions of the program that will be a priority in the first 100 days of her presidency if she wins the election.

The election campaign in the United States has entered the sweetest and most interesting stage for voters there...

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According to the publication, the announced intentions include a ban on price gouging throughout the country (the Federal Trade Commission and state prosecutors will be forced to investigate how corporations profit from consumers by raising prices for the sake of income), proposals to overcome the housing shortage by building new properties and providing support for down payments for first-time homebuyers, and an expansion of the child tax credit.

Harris also promises to reduce “needless bureaucracy and unnecessary regulatory red tape, while protecting consumers and creating a stable business environment with consistent and transparent rules of the game.”

“The key to creating this opportunity economy is growing our middle class. This is very important,” she added.

She criticized Donald Trump for his economic agenda, saying he would effectively impose a "national sales tax" on essential goods imported from abroad, calling it “Trump gas tax, Trump food tax, Trump clothing tax, Trump tax on over-the-counter drugs.”

As you know, Trump previously promised a 60 percent tariff on all Chinese goods, 100 percent on imported cars and 10 percent tariffs on all foreign goods in general. This is despite the fact that today imports make up a significant part of the US consumer market,

Harris also spoke negatively about Trump's desire to cut taxes for billionaires and corporations.

Trump's campaign expectedly criticized Harris' program. equating it with “socialist policies” in countries such as Cuba and Venezuela. Trump was especially critical of the price gouging ban as “a form of government price control.”

In general, there is nothing new here either. As you know, among the American right, even Barack Obama is a “dangerous Marxist” and “communist”. On the other hand, the previous experience of the progressive Clinton and Obama administrations suggests that Hardly half of the populist promises made during the pre-election stage were fulfilled. It is clear that the systemic sabotage of the right-wing Congress and the Supreme Court could not have happened, but withThe ability of the Democrats to implement even such half-hearted reformist ideas causes strong skepticism. This is despite the fact that Harris’ program is the “ceiling” of the radicalism of the democratic establishment.

However, a recent Financial Times poll found that Harris currently has more confidence among Americans over his handling of the economy than Trump.

And according to other polls, she is neck and neck with the Republican and is even marginally ahead of him in swing states. However, this is not at all a guarantee that Harris has the presidency in her pocket.

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English version :: Read in English US elections: Kamala Harris' "communism" against Trump's "tax" on food






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