In a DC speech, Harris delivers a jumbled message: "The kids in the neighborhood are the kids in the neighborhood"
Harris concedes that only a few companies engage in price-gouging, undermining a key aspect of her economic plan.
On Wednesday, Vice President Harris appeared to contradict her own economic plan when she announced that her administration would take action against companies that engage in price gouging, despite previously stating that "very few" companies do this.
At the 47th Annual Leadership Conference of the Congressional Hispanic Caucus Institute in Washington, D.C., Harris spoke but did not provide many specifics about her presidential campaign policies.
Harris mentioned the need to give families the resources to help parents raise their children effectively, but did not specify the resources or how they would be provided.
Harris stated that growing up, he recognized the community's children as his own and believed everyone should work towards providing the necessary resources for them to reach their full potential.
Harris pledged to reduce the cost of groceries for families facing financial difficulties, promising to confront big corporations that charge exorbitant prices. However, she later contradicted her statement by asserting that only a small number of corporations engage in price gouging.
"We must address the issue of corporations raising prices during emergencies, which disproportionately affects those in areas experiencing extreme weather conditions, wildfires, and pandemics, leaving many people desperate for support."
Harris' economic plan suggests increasing the corporate tax rate to 28% from the current 21%, which is lower than her previous proposal of 35% during her 2020 presidential campaign.
The Harris campaign claims that this approach is financially responsible and will benefit working people by ensuring that billionaires and corporations pay their fair share, but it has been criticized by some policy groups.
The Tax Foundation's analysis predicts that Harris's overall plan will result in a $4.1 trillion increase in taxes from 2025-2034, a 2% reduction in long-term GDP, a 1.2% decrease in wages, and the loss of 786,000 jobs over that period.
Planet Chronicle Digital's Breck Dumas contributed to this report.
politics
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