Trump's Tax and Health Plans in Focus as DJT Stock Falls Amid Election Developments
ICARO Media Group
Republican presidential candidate Donald Trump turned the spotlight onto his tax and health plans during a campaign event in Las Vegas on Friday. The move comes as the Trump Media & Technology Group Corp (DJT) stock faced a decline of 3.55% amid the impact of the ongoing election developments.
Addressing a crowd at a Mexican restaurant, Trump discussed his proposal to eliminate taxes on tips for service employees, which is considered a crucial part of his economic agenda. He also highlighted his campaign's efforts to engage Hispanic voters in Nevada.
However, in a social media post, Trump indicated that he may reconsider his commitment to the upcoming debate with Kamala Harris, scheduled to be hosted by ABC on September 10, 2024. The former president cited concerns about the potentially hostile environment as the reason behind his reassessment, according to CNBC.
Trump's advisors have been urging him to prioritize issues such as his tax proposal rather than engaging in personal attacks on Vice President Harris. In a later event in Arizona, Trump reiterated his tax pledge and announced plans to establish a commission to investigate presidential assassination attempts. He also proposed setting up a panel to examine the rise in chronic health problems and childhood diseases, both influenced by independent presidential candidate Robert F. Kennedy Jr., who recently endorsed Trump after dropping out of the race.
The impact of the election developments and Trump's plans has been visible in the stock market. The Trump Media & Technology Group Corp (DJT) stock was trading lower by 3.55%, settling at $22.00 at the last check on Monday.
As the election continues to progress, investors are closely monitoring the moves of Trump, which have been reflected in the performance of DJT stock. With the focus now shifting towards his tax and health plans, it remains to be seen how these proposals will resonate with voters as the election date draws near.