Policies of Kamala
Harris and Donald
Trump
Ekaterina Kolomiets
2024
Donald Trump
Trump’s policy (2017-20) Trump’s promise for 2025-28
Economics - The Tax Cuts and Jobs Act (TCJA) - Extend the individual income and estate tax cuts
- Reduced the corporate tax rate from 35% to that the 2017 law provided;
21% - Lower the corporate tax rate to 15% for certain
- Lowered individual income tax rates companies;
- Imposed tariffs on Chinese goods - An across-the-board tariff between 10% and 20%
- Pulled the U.S. out of the Trans-Pacific on all imports;
Partnership (TPP) - A tariff upward of 60% on all Chinese imports;
- A 100% or 200% tariff on cars and other products
made in Mexico by companies relocating
manufacturing.
Border security - Focus on building a border wall with Mexico - Complete the border wall, expand detention
- ‘Remain in Mexico’ policy for asylum seekers capacity, continue hardline immigration
enforcement
- End ‘catch and release’, focus on expediting
asylum claims, and deter illegal border
crossings
Russia/Ukraine - Mixed engagement with Russia, some - Stop the war in the first day
sanctions - Continue to engage with Russia but seek better
- Support for Ukraine but limited military aid in relations with more influence over Russian
early years actions
- Wouldn’t commit to approving additional U.S.
aid to Ukraine
Kamala Harris
Harris’ policy (2020-4) Harris’ promise for 2025-28
Economics - COVID-19 economic response: stimulus checks, - No tax increase for individuals earning under
extended unemployment benefits, aid for $400,000
businesses - Cancel tax cuts for the richest Americans
- Infrastructure Investment and Jobs Act (2021) - Increase rate to 28% for incomes above $1
($1.2 trillion infrastructure package) million
- Expand the Child Tax Credit - A tax on net worth exceeding $100 million
- Corporate tax rate: increase from 21% to 28%
- Increase a tax deduction for startup expenses
from $5,000 to $50,000
- New child tax credit: up to $6,000
- A $15 per hour federal minimum wage
Russia/Ukraine - Strong condemnation of Russia’s actions - Continue support for Ukraine and sanctions on
- Support for NATO expansion Russia
- Financial and military help to Ukraine - Strengthen NATO
- Sanctions on Russia
Border security - A ‘humane’ immigration system, with
- Reverse Trump’s immigration policies, such as protections for asylum seekers and an
the family separation policy (‘Remain in expedited citizenship process
Mexico’) - Increase refugee admissions
- Increased support for legal immigration, - Enhance border security with a focus on
including refugee resettlement programs humanitarian protection
Sources:
1) [Link]
-proposals-taxes/[Link]
2) [Link]
-impact-8666666
3) [Link]
il-asylum-seekers
4) [Link]
5) [Link]
6) [Link]
%93ukraine
7) [Link]
rris-immigration-future-policy-proposals
