Showing posts with label tax cuts. Show all posts
Showing posts with label tax cuts. Show all posts

Friday, September 6, 2024

Trump promotes raising tariffs, corporate tax cut in battle over economy with Harris

By Jacob Fischler and Ashley Murray

Former President Donald Trump said Thursday he would protect American industries if he is reelected by increasing tariffs on imports while cutting other taxes and regulations, in a speech to the Economic Club of New York.

The GOP presidential candidate’s remarks came as the economy has taken center stage in the run-up to the 2024 presidential election. Both Trump and the Democratic nominee, Vice President Kamala Harris, have criticized a ballooning national deficit, high housing costs and increasingly expensive groceries