She pledges to support first-time homebuyers, outlaw price gouging on groceries, and offer incentives to boost the availability of available housing.
Like in many western nations, inflation skyrocketed under the Biden administration, in part because of the war in Ukraine and supply problems following COVID. Since then, it has dropped.
In response to a question about his pledge to “end inflation and make America affordable again,” Trump claims that increased oil exploration will result in cheaper energy prices.
In addition to claiming that deporting undocumented immigrants will relieve housing pressure, he has pledged to cut interest rates, which are beyond the president’s power. Economists caution that his promise to increase import taxes may push it.
However, she has also introduced several policies, such as expanding child tax credits, that will lessen the financial burden on households.
In contrast to Biden’s 44.6% capital gains tax, she supports a more moderate increase from 23.6% to 28%.
Trump is proposing trillion-dollar tax cuts, including an extension of his 2017 cuts that primarily benefited the wealthiest.
