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VP Harris wants to raise the corporate tax rate to 28% [Video]

Vice President Kamala Harris wants to raise taxes on corporations. A spokesperson for the Harris-Walz campaign confirmed that the Democratic nominee for president is proposing a 28% corporate tax rate.

The rate was cut from 35% to 21% under the Trump administration.

“As President, Kamala Harris will focus on creating an opportunity economy for the middle class that advances their economic security, stability, and dignity,” said campaign spokesperson James Singer.

The proposed rate increase is part of Harris’ broader economic plan, which the campaign says will “put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.”

RELATED STORY | VP Harris reveals reducing cost of living as her economic priority of the campaign

On Friday, Harris proposed a federal ban on price gouging for food items, a $25,000 down payment assistance program and expanding the child tax credit.

Republicans have criticized Harris’ plans, calling …

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