Reported about 2 months ago
U.S. Vice President Kamala Harris has announced her proposal to raise the corporate tax rate from 21% to 28% if elected in the upcoming November election against Donald Trump. Her campaign argues this lift aims to promote financial fairness, requiring billionaires and large corporations to contribute more, while ensuring that individuals earning under $400,000 won't see tax increases. This initiative comes amidst a tight race for control of Congress, where tax policy changes will need bipartisan approval.
Source: YAHOO