Inflation has ravaged personal finances. Real wages have been paralyzed in subzero terrain for the last three-plus years; food prices have rocketed 22%; credit card debt is at an all-time high, and the public’s purchasing power has eroded 16%. A flood of surveys suggests Americans say they do not have emergency funds and that some have fallen behind on their retirement savings. In addition to relief from price inflation, voters seek respite through public policy pursuits presented by the presidential contenders. Is Vice President Kamala Harris or former President Donald Trump better for the typical household’s finances? Let’s break down their ideas.
Dollars and Cents Behind Trump Policies
Can Trump eliminate taxes on Social Security benefits? Will he exempt overtime pay from the income tax? Is removing taxes on tips a feasible proposal? Reports…
