How Kamala Harris’s Economic Plan Has Been Shaped by Business Leaders

Published On Oct 14, 2024, 5:03 AM

Vice President Kamala Harris has been actively consulting with Wall Street executives to shape her economic agenda as she campaigns for the presidency. Recently, her advisers sought feedback from key financial players in New York on topics such as tax policy and regulations. Harris has proposed changes like offering tax breaks for companies that allow employees to become part owners and has shown a willingness to reconsider tax increases on capital gains. This engagement with business leaders reflects her strategy to improve her standing on economic issues against former President Trump.

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Harris's outreach towards Wall Street and her pro-business proposals may create a more favorable environment for stocks as her policies could embolden corporate growth and investment. Tax incentives for employee ownership could enhance company valuations over time.

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