Economy
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Trump’s economic plans would worsen inflation, experts say
Mainstream economists warn that Trump’s plans to impose huge tariffs on imported goods, deport millions of migrant workers, and demand a voice in the Federal Reserve’s interest rate policies would likely send prices surging.
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Harris wants to give working families a tax cut and raise taxes on corporations. Trump would do the opposite.
Kamala Harris has proposed increasing the corporate tax rate, expanding the child tax credit, and cutting taxes for more than 100 million working and middle class Americans. Donald Trump, meanwhile, said he wants to permanently extend tax breaks that primarily benefited the ultra-wealthy and corporations.
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Harris wants to cap child care costs and expand the child tax credit. Trump’s solution? Tariffs.
Harris has proposed capping families’ child care costs to 7% of their income and offering families of newborns up to $6,000 in the first year of the child’s life. Trump, on the other hand, has focused on tariffs as a solution to the child care crisis, despite evidence showing they would only raise costs for…
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Harris wants to lower grocery prices by taking on price gouging. Trump’s plan would increase prices.
Kamala Harris has said that she will call on Congress to pass a federal ban on price gouging and give the federal government more authority to prevent consolidation in the food industry, if elected. Donald Trump, on the other hand, wants to impose tariffs and reduce food imports, a plan that would cause food prices…
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Harris’ plans aim to make housing more affordable. Trump’s plans are less clear.
Harris has vowed to increase the available housing supply by three million homes and to provide lower-income first-time homebuyers with up to $25,000 in down payment support. Trump, on the other hand, has offered no specific plans for addressing the housing crisis.
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Fed’s decision to cut interest rates could lower housing costs
The announcement from the Federal Reserve will lower mortgage rates and encourage more building of apartments, which could lower rental costs.
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OPINION: For Arizona’s working families, tax fairness is justice, not a luxury
A message from LUCHA to Washington, DC: an economy that doesn’t work for everyone, doesn’t work. As a mother of two and a community advocate in Arizona, I’ve seen firsthand how hard-working families struggle to balance their responsibilities—especially when it comes to caregiving. I’ve experienced these hardships myself. Like many Arizonans, I have to juggle…
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High food prices are hurting Arizona families. Here’s what Kamala Harris has proposed to lower costs.
The vice president has said that she will call on Congress to pass a federal ban on price gouging and give the Federal Trade Commission more authority to prevent consolidation in the food industry.
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Kamala Harris proposes plan to make it easier for Arizonans to start small businesses
Harris has proposed expanding a tax deduction for costs that are incurred while starting a business, creating a new fund that would allow the country’s smallest banks to cover the interest accrued on loans to new businesses, and more.
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Kamala Harris wants to make it easier to afford housing in Arizona
After years of a worsening housing crisis in Arizona, Kamala Harris’ proposals seek to create three million homes by 2028, provide down payment assistance to first-time home buyers, and crack down on price fixing among corporate landlords.
