- expand the startup expense tax deduction for new businesses from $5,000 to $50,000 and take on the everyday obstacles and red tape that can make it harder to grow a small business.
- extend Medicaid postpartum coverage from two months to twelve: today, 46 states do so—up from just three near the Administration’s start.
- She’ll fight to raise the minimum wage, end sub-minimum wages for tipped workers and people with disabilities, establish paid family and medical leave, and eliminate taxes on tips for service and hospitality workers.
- expanding high-quality home care services for seniors and people with disabilities and ensuring hardworking families can afford high-quality child care
After this article was written, Kamala Harris announced her campaign economic proposals.
Some highlights (that were not previously covered):
- federal ban on grocery price gouging (enhanced anti-trust enforcement; not price controls)
- $6,000 per child to families for the first year of the child’s life.
- restoring the Biden Administration’s child tax credit, which had been set at $3,000 per child before its expiration at the end of 2021 (Republicans voted against its extension, as recently as August 1st)
- $25,000 down-payment assistance for first-time home buyers
- tens of billions of dollars to facilitate the construction of three million new housing units
- extend the price cap on insulin at $35 per month and limiting annual out-of-pocket prescription drug costs to $2,000 (currently available to Medicare patients, thanks to the Biden-Harris administration and the Democrats in Congress - not a single Republican voted for it)
- finding ways to eliminate medical debt.
- eliminate taxes on tips for service and hospitality workers
Most of these proposals depend on the Democratic Party having a majority in the House and Senate.
The Kamala Harris campaign has now published detailed policy proposals:
https://kamalaharris.com/issues/
Some additional items:
- expand the startup expense tax deduction for new businesses from $5,000 to $50,000 and take on the everyday obstacles and red tape that can make it harder to grow a small business.
- extend Medicaid postpartum coverage from two months to twelve: today, 46 states do so—up from just three near the Administration’s start.
- She’ll fight to raise the minimum wage, end sub-minimum wages for tipped workers and people with disabilities, establish paid family and medical leave, and eliminate taxes on tips for service and hospitality workers.
- expanding high-quality home care services for seniors and people with disabilities and ensuring hardworking families can afford high-quality child care
After this article was written, Kamala Harris announced her campaign economic proposals.
Some highlights (that were not previously covered):
- federal ban on grocery price gouging (enhanced anti-trust enforcement; not price controls)
- $6,000 per child to families for the first year of the child’s life.
- restoring the Biden Administration’s child tax credit, which had been set at $3,000 per child before its expiration at the end of 2021 (Republicans voted against its extension, as recently as August 1st)
- $25,000 down-payment assistance for first-time home buyers
- tens of billions of dollars to facilitate the construction of three million new housing units
- extend the price cap on insulin at $35 per month and limiting annual out-of-pocket prescription drug costs to $2,000 (currently available to Medicare patients, thanks to the Biden-Harris administration and the Democrats in Congress - not a single Republican voted for it)
- finding ways to eliminate medical debt.
- eliminate taxes on tips for service and hospitality workers
Most of these proposals depend on the Democratic Party having a majority in the House and Senate.
https://time.com/7011865/kamala-harris-economic-plan-groceries-child/