Harris and Trump Outline Divergent Economic Visions Ahead of Election

Harris champions small-business tax incentives while Trump focuses on corporate tax cuts and tariffs.

Harris proposes expanding tax incentives for small businesses from $5,000 to $50,000 to spur 25 million new startups.
Trump aims to cut corporate tax rates from 21% to 15% and impose significant tariffs on foreign goods.
Harris plans to raise the capital gains tax for high earners and expand the child tax credit for middle- and low-income families.
Trump's economic strategy includes eliminating taxes on tips and Social Security benefits, and making 2017 tax cuts permanent.
Economists predict differing impacts: Harris' policies favor middle-income Americans, while Trump's could lead to higher inflation and deficits.