Kamala Harris LIVE: Harris Proposes New Tax Plan in Portsmouth as Trump Hits Campaign Trail | USA Today | CNBC TV18
PORTSMOUTH, NEW HAMPSHIRE - Democratic presidential nominee Kamala Harris makes remarks at a campaign event in Portsmouth, NH
Vice President Kamala Harris proposed a smaller increase in taxes on capital gains during an economic speech in New Hampshire on Wednesday, breaking with the policy laid out by President Joe Biden in his 2025 budget. Vice President Kamala Harris and former President Donald Trump are in the final stretch of the 2024 campaign, with the two focusing on swing states ahead of their presidential debate next week.
Vice President Kamala Harris on Wednesday sought to put daylight between herself and President Biden on tax policy, making it the first issue on which she is trying to stand apart from an administration in which she holds a key role.
Stepping up her efforts to win over the business community, Ms. Harris announced that she would increase the capital gains tax at a far lower rate than what Mr. Biden had proposed - a move that came after pressure from her campaign’s biggest donors to back off some of its most aggressive tax proposals.
On the campaign trail: Harris unveiled more details of her economic plan in a speech in New Hampshire today, including increasing the tax reduction for small businesses, while Trump participates in a Fox News town hall tonight in Pennsylvania.
Vice President Kamala Harris’ campaign has accepted in a letter sent to ABC News the terms of Harris’ debate with former President Donald Trump next week, including the fact that the candidates’ microphones will be muted when it is not their turn to speak, according to a person familiar with the debate negotiations.
“While we ensure that the wealthy and big corporations pay their fair share, we will tax capital gains at a rate that rewards investment in America’s innovators, founders and small businesses,” Harris said, saying her proposal would raise the tax rate to 28% for those making $1 million or more.
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15 сен 2024
