Over 90 Business Leaders Publicly Endorse Kamala Harris on Economic Policy

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In a surprising move, over 90 business leaders have publicly endorsed Vice President Kamala Harris for the upcoming presidential election. This group includes current and former CEOs from major companies across various industries.

The endorsement letter, first reported by CNBC, praises Harris’s economic policies and her commitment to preserving American democracy. The signatories expressed confidence in her ability to create a stable business environment and promote fair competition in global markets.

“Harris has a strong record of advancing actions to spur business investment in the United States and ensure American businesses can compete and win in the global market,” the letter states.

Some notable names on the list include Mark Cuban, James Murdoch, and Earvin “Magic” Johnson. Laurene Powell Jobs, head of the Emerson Collective, also joined the endorsement.

This show of support comes at a crucial time. The U.S. economy is a top concern for many voters, and both Harris and her opponent, former President Donald Trump, are presenting their economic visions to the public.

Harris’s economic plan focuses on tax cuts for most Americans, addressing high grocery prices, and improving housing affordability. She also proposes increasing the corporate tax rate from 21% to 28%. Not surprisingly, labor groups have already thrown their support behind her campaign.

In contrast, Trump’s economic strategy, as outlined in a recent speech to the New York Economic Club, includes lowering the corporate tax rate to 15% and bringing on Elon Musk to audit the government. He also plans to open up national lands for large-scale housing projects and streamline energy project regulations through a national emergency declaration.

Economic experts are weighing in on both candidates’ potential impact. Goldman Sachs analysts suggest that a Trump presidency might lead to a decrease in economic output, mainly due to increased import tariffs and stricter immigration policies. On the other hand, they predict that under Harris, the U.S. could see stronger job growth and a slight boost to GDP.

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As the election draws near, with some states preparing for early voting, both candidates are working hard to win over undecided voters. The endorsement from this group of business leaders could potentially sway some voters who prioritize economic stability and growth. However, it is important to know that many of these business tycoons have financial and political ties to the Democrats and to Harris specifically.

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The American public will ultimately decide which candidate’s vision for the country’s future aligns best with their own values and concerns. It is important that they have all the facts.

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