Dozens of the nation's top corporate leaders Roger Altman, Mark Cuban, Jeffrey Katzenberg, Magic Johnson and Ted LeonsisMany lawmakers, including Ian Wilson, endorsed Vice President Harris' presidential campaign and praised her ability to “advance fair and predictable policies that support the rule of law, stability, and a healthy business environment.”
“Her selection is the best way to uphold the continued strength, security and reliability of our democracy and economy,” the business leaders wrote in a joint letter obtained by The Hill on Friday and first reported by CNBC. “With Kamala Harris in the White House, the business community can be confident that we will have a president who wants American industry to thrive.”
The list includes former Treasury Secretaries W. Michael Blumenthal, Robert Rubin, Larry Summers, the founders of Essence magazine, Zillow, LinkedIn and Napster, and former and current CEOs of companies such as Ford, Xerox, Starbucks and 21st Century Fox.
A full list of the approximately 88 business leaders who signed a letter of support for Harris can be found here..
The campaigns of Ms Harris and former President Trump have in recent days emphasized their differences over economic policy, with polls consistently showing it among voters' most pressing concerns heading into November.
At an event in New Hampshire on Tuesday, Harris outlined her plans to build what she calls an “opportunity economy” if elected, including new tax cuts and incentives for small businesses and changes to capital gains taxes.
“We know that when governments encourage investment, it leads to broad-based economic growth, creates jobs and strengthens our economy,” she said. “My plan will make our tax system fairer and prioritize investment and innovation.”
Meanwhile, Trump outlined his economic policies at an event in New York City on Thursday, reiterating many of the initiatives he undertook in his last term and on the campaign trail. He said he would push for an extension of corporate tax cuts that the Republican-controlled Congress helped pass in 2017, and he also vowed to roll back some of the Biden administration's policies and regulations.
Trump also reiterated that he plans to use tariffs to target companies that rely heavily on other countries to make their products. Many economists have warned that such tariffs would essentially be passed on to consumers through higher prices. Trump again rejected that analysis in his speech at the Economic Club of New York.
“Let's be honest, a lot of the people who are against tariffs work for other countries in some way and have huge amounts of lobbying and other funding, because what they're saying doesn't make sense,” he said.
His plan would include tougher anti-immigration policies as an economic benefit and would see some environmental regulations rolled back, he said.
“I promise low taxes, low regulation, low energy costs, low interest rates, secure borders, extremely low crime rates and booming incomes for people of every race, religion, color and creed,” he said. “Kamala Harris will take even more money out of Americans' pockets. My plan will leave ordinary families with thousands more dollars in their pockets.”
Harris and Trump are scheduled to go head-to-head in their first televised debate on Tuesday.
