Visit our website:
http://www.france24.com
Like us on Facebook:
https://www.facebook.com/FRANCE24.English
Follow us on Twitter:
https://twitter.com/France24_en
Category
🗞
NewsTranscript
00:00As a latecomer to the race Kamala Harris has been rolling out her agenda piece by piece
00:05Focused on what she's branded the opportunity economy
00:09Her latest proposal is to provide new small businesses with a tax credit of $50,000
00:15Expanding the current tax break by tenfold. The goal says Harris is to encourage entrepreneurship
00:22So I want to see 25 million new small business
00:27Applications by the end of my first term and to help achieve this we will lower the cost of starting a new
00:35Business Harris is also pledging to give money directly to US consumers by permanently expanding the child tax credit
00:42including a
00:43$6,000 break for parents with infants and to give first-time homebuyers a leg up by providing a government contribution of
00:51$25,000 toward a down payment in
00:53Addition Harris has promised a federal ban on price gouging on everyday items including groceries
00:59We will end
01:01America's housing shortage by building 3 million new homes and rentals when it comes to housing
01:07Harris has pledged to spur the construction of millions of new homes
01:11Largely through tax incentives her campaign is trying to draw a contrast on economic policy with Donald Trump
01:18Who wants to cut the corporate tax rate and extend tax breaks to the wealthy?
01:24Harris has not explicitly said how she would pay for many of her proposals
01:27But has expressed support for President Biden's plan to raise taxes on large corporations and the rich are those making more than
01:36$400,000 a year