Financial encyclopedia

As the US presidential election enters the countdown stage, the market is concerned about how the expectation of possible policies will affect the US economy and the global market after the election of the "Kamala D. Harris Deal". The following are several focuses on Kamala D. Harris's policy proposition and its possible market impact:

tax policy

Kamala D. Harris's tax policy provides tax breaks for low-and middle-income families, especially through the Middle Class Promotion Act, which provides a monthly tax rebate of $500 for families earning less than $100,000. For high-income groups and enterprises, she advocates increasing taxes, especially inheritance tax, to support her salary increase plan for teachers. This policy is expected to promote the development of consumer stocks and small and medium-sized enterprises.

Export and trade policy

She opposes Trump's protectionism and believes that tariff policy has increased the cost of living for the American middle class. She advocates promoting American exports, especially in science and technology and manufacturing, reducing trade barriers and improving the competitiveness of American enterprises in the global market. If elected, her trade policy will benefit those export-dependent multinational companies and related ETF funds.

Clean energy policy

On climate policy, Kamala D. Harris is more active than Biden. She vigorously promoted the policies of the Inflation Reduction Act (IRA) and supported more investment in clean energy. At the same time, she advocates strengthening the supervision of fossil fuel enterprises and promoting a significant reduction in carbon emissions. These measures will bring great benefits to solar and wind energy companies in the renewable energy industry and may attract more funds to related industries.

Housing and rent relief

In order to solve the housing burden problem, Kamala D. Harris proposed the Rent Relief Act, which helps tenants whose annual income is less than $100,000 through tax credit. This policy will reduce the housing pressure of tenants and have a positive impact on the real estate industry in the United States, especially the low-priced housing market.

Artificial intelligence and cryptocurrency

Kamala D. Harris said that she would encourage innovative technologies such as AI and cryptocurrency. For artificial intelligence (AI), she stressed that enterprises need to ensure its security when introducing new technologies. For cryptocurrency, both consumers and investors need to be protected.