As the election draws near, political promises are being made left and right to win over voters. Democratic nominee Harris has pledged to include Republican representation in her cabinet, aiming for a more bipartisan approach. In response, Republican nominee Trump has made several recent promises to appeal to voters as well.
Trump’s promises include making interest on car loans fully tax-deductible, invoking the six-year renegotiation provision of the USMCA, ensuring no Chinese EVs will be allowed on American roads, presenting a detailed plan to support the American auto industry, and ending double taxation for Americans living abroad. He is also urging expats to register to vote and has proposed eliminating taxes on tips, Social Security benefits, and overtime pay.
Additionally, Trump plans to lift the $10,000 cap on state and local tax deductions and extend individual income and estate tax provisions of the 2017 tax cuts law. However, it’s important to note that the tax deduction for car loan interest may not benefit most Americans, as it only applies to those who itemize deductions, which is not the case for many taxpayers who opt for the standard deduction.
The idea of having bipartisan representation in the cabinet is significant as it shows a willingness to work across party lines for the benefit of the country. By including Republicans in her cabinet, Harris is signaling a commitment to unity and cooperation in governing.
In contrast, Trump’s promises focus more on specific tax and economic policies that aim to provide relief and support for various groups of Americans. These promises are designed to appeal to different voter demographics and address specific concerns within the electorate.
Overall, both candidates are making efforts to win over voters with their respective promises and platforms. The inclusion of Republicans in Harris’s cabinet and Trump’s tax and economic policy proposals are key points of discussion as the election approaches. It will be interesting to see how these promises play out in the final days leading up to the election and how they may impact the outcome.
