Republican presidential candidate Nikki Haley on Friday unveiled her economic proposal, which includes cutting middle-class taxes, tackling inflation and national debt and reducing federal government control.
The former South Carolina governor is rolling out her plan during a speech at St. Anselm College’s New Hampshire Institute of Politics in Manchester. Her remarks come just days ahead of the second Republican presidential debate in California, with Haley seeing a bump in GOP primary polling since her performance at the first debate in Milwaukee last month.
Dubbed “The Freedom Plan,” Haley’s proposal would eliminate the federal gas and reduce income tax rates, make small-business tax relief permanent, and end certain tax deductions such as the deduction for state and local income taxes, also known as SALT.
Haley, who graduated with a bachelor’s degree in accounting from Clemson University, often touts her financial background on the campaign trail, telling voters, “It’s time to put an accountant in the White House.”
Haley believes funding for infrastructure projects should come from general revenues, forcing them to compete with other spending priorities.
“We have to get more money in our taxpayers’ pockets. … It’s a small portion of what actually goes to pave roads and of that portion a lot of it goes to bike trails and hiking trails and things like that. The Highway Trust Fund hasn’t been solvent in years,” she said during an interview Wednesday on Fox Business.
Additionally, her plan would place a limit on federal spending, linked to a percentage of the economy.
Haley, who served as US ambassador to the United Nations under Donald Trump, has sought to seek a balance between criticism and praise for the former president.
While she called Trump the right president for the right time at…
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