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With the recent addition of Minnesota Gov.
Tim Walz to the ticket, the curiosity is heightened even more.
Here are four ways having Tim Walz as VPcould benefit the middle class.
Help With Housing Costs
Is rent eating up too much of your income?
Harris has talked about subsidizing rent for lower-income Americans.
This could meanmore breathing roomin your monthly budget.
Keeping Consumer Prices in Check
Worried about rising prices?
This could help keep your everyday purchases affordable.
Fighting Inflation-Related Price Hikes
Fed up with companies using inflation as an excuse to jack up prices?
Harris has discussed the idea of a windfall profits tax tied to inflation-related price gouging.
This could discourage companies from raising prices unnecessarily.
If this trend continues at a national level, it could mean more money in your pocket.
A similar policy at the federal level could provide a financial boost to many middle-class households.
Social Security Tax Relief
Walz eliminated state income taxes on Social Security benefits in Minnesota.
If implemented nationally, this could be a significant benefit for retirees.
Walz loweredincome tax rateson small businesses in Minnesota, a move that could encourage entrepreneurship nationally.
While its unclear how this might play out at a federal level, its worth noting.
What This Could Mean for You
So what does this all mean for the middle class?
It could mean higher wages, lower housing costs, tax breaks and protection against price gouging.
For small business owners and entrepreneurs, there could be new opportunities on the horizon.
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