GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
GOBanking Rates spoke to Altman and other economics experts about the four waysHarris proposed policiescould impact middle-class wallets.
Producers and the food industry have actually been absorbing these inflationary costs.
Your Mortgage or Rent
Affordable housingremains an issue for most Americans.
However, government subsidies run up housing costs.
By distributing $25,000 to potential homebuyers, were going to end up borrowing and printing money.
Its going to drive up costs further.
Your Taxes
Harris has been consistent in hertax proposals.
The Vice President also wants to offer a new $6,000 tax credit for families with newborn children.
These tax credits dramatically reduced childhood poverty during the COVID pandemic, Altman said.
Low-income communities will also benefit from these measures.
More From GOBankingRates
Share This Article:
