Donald Trump's Economic Debate Strategy

The upcoming presidential debate will be the first time Vice President Kamala Harris and former President Donald Trump engage in a face-to-face policy discussion. While the debate is expected to touch on a range of issues, the economy will be a focal point. Analyst Ben Werschkul, Washington Correspondent for Yahoo! Finance, suggests that Donald Trump will likely use his signature "Comrade Kamala" moniker and accuse the Vice President of being anti-business. He expects Harris to criticize Trump's tariff policies and argue they inflate prices.

• Trump is likely to emphasize his "America First" economic agenda and highlight his record on job creation and economic growth.
• Harris is expected to focus on income inequality, affordable healthcare, and the impact of Trump's policies on working families.

Key Economic Issues in the Debate

Here's a breakdown of the key economic topics anticipated to be addressed during the debate:

Small Business

• Harris: Supports increasing the startup tax credit from $5,000 to $50,000.
• Trump: Promises to reduce regulations on small businesses.

Tax Cuts

• Harris: Proposes allowing all 2017 tax cuts to expire in 2025, except for those benefiting households earning less than $400,000.
• Trump: Favors extending all the 2017 tax cuts, including those benefiting corporations and wealthy individuals.

Corporate Tax Rate

• Harris: Advocates for raising the corporate tax rate from 21% to 28%.
• Trump: Aims to lower the corporate tax rate from 21% to 15%.

Other Tax Issues

• Harris: Supports eliminating federal income tax on tips, raising the top capital gains rate from 20% to 28%, and imposing a new tax on unrealized capital gains for those worth $100 million or more.
• Trump: Proposes eliminating federal income tax on tips and on Social Security income.

Trade Regulations

• Harris: Intends to continue restricting high-technology exports to China and maintain 100% tariffs on Chinese electric vehicles.
• Trump: Favors a 10% to 20% tariff on most imports and a 60% tariff on imports from China.

Housing Market

• Harris: Proposes a $25,000 subsidy for first-time home buyers and incentives to build 3 million new homes.
• Trump: Vows to pressure the Federal Reserve to lower interest rates and open federal land to development.

Federal Minimum Wage

• Harris: Supports raising the federal minimum wage from $7.25 per hour to $15.
• Trump: Does not support raising the federal minimum wage.

Donald Trump's Economic Policies

Donald Trump has consistently promoted policies aimed at stimulating economic growth, including tax cuts, deregulation, and trade protectionism. He has argued that his policies have led to a strong economy, low unemployment, and a booming stock market. Trump's economic policies have been praised by some for their focus on job creation and business confidence. However, critics argue that his policies have benefited the wealthy at the expense of the middle class and working families. They also point to growing income inequality and the national debt as evidence of the negative consequences of Trump's economic approach.

Kamala Harris's Economic Agenda

Vice President Kamala Harris has proposed a more progressive economic agenda that prioritizes addressing income inequality, expanding access to affordable healthcare, and investing in infrastructure. She has called for higher taxes on corporations and wealthy individuals, as well as increased government spending on social programs. Harris's economic policies are aimed at creating a more equitable society, but critics argue that her proposals could stifle economic growth and lead to higher taxes for the middle class.

Economic Issues in the Debate

The upcoming debate will offer viewers a chance to hear both candidates articulate their views on a range of critical economic issues. The debate is likely to be a heated affair, with both candidates seeking to sway undecided voters with their economic plans. The outcome of the debate could have a significant impact on the presidential race, as the economy remains a top concern for many American voters.