Kamala Harris Aims to Enact Middle-Class Tax Cut as President, According to Reuters

By Nandita Bose and Kanishka Singh

CHICAGO – Democratic presidential candidate Kamala Harris announced during her speech at the Democratic National Convention that her administration would prioritize a tax cut for the middle class if elected president.

Harris criticized her opponent, Republican candidate Donald Trump, claiming he has failed to address the needs of 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," she stated, without providing specific details.

She contended that Trump’s strategy regarding tariffs would ultimately lead to increased prices for consumers. Trump has threatened to implement tariffs in pursuit of what he describes as fair trade agreements with other nations.

Harris emphasized that enhancing the middle class would be a central goal of her presidency and committed to establishing an "opportunity economy," where everyone would have the chance to compete and succeed.

Last week, she proposed measures to reduce taxes for the majority of Americans, outlaw "price gouging" by grocery stores, and increase the availability of affordable housing.

However, her agenda may face challenges from both corporations and Congress, which has previously dismissed similar initiatives from President Joe Biden.

Harris aims to distinguish herself from her opponent on key economic issues, particularly regarding tariffs and taxation.