Kamala Harris proposes a 28% capital gains tax for the ultra-rich, contrasting with Biden's higher rate. She supports a billionaire minimum tax on unrealized gains and plans to expand the small business tax credit.
Harris also aims to raise the corporate tax rate and highlights the unworkable and punitive criticism of the Biden-Harris capital gains approach. She notes Biden's previous unsuccessful attempts to enact similar tax plans.
Harris aims to widen her reach by proposing lower tax rates and increased tax deductions for new small businesses. She criticizes Trump's plans to cut federal programs for small businesses, reduce the corporate tax rate, and increase the deficit.
Recent polls show Harris leading Trump in New Hampshire. She seeks to win over the business community and distance herself from Biden's policies while presenting her own agenda.
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