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full screen Democratic presidential candidate Kamala Harris during her speech in North Hampton, New Hampshire. Photo: Steven Senne/AP/TT
Tax big business and the rich, and lower taxes for small business owners instead.
That was the message of Kamala Harris when she presented her corporate economic policy on Wednesday.
The economy is one of the biggest issues in the presidential election, and according to Reuters, an issue where Republican Donald Trump has more support than Harris.
That she presented her financial visions for the second time in three weeks was therefore not unexpected. Nor that the focus was on middle income earners and small business owners.
– You are the glue that holds our communities together, said the Democratic presidential candidate.
– I want to see 25 million new small businesses in my first term, she continued in the speech in New Hampshire.
When in mid-August she gave a line speech about Americans’ personal finances, the focus was on lowering household costs in general and food prices in particular.
Her proposal was then seen rather as an extension of President Joe Biden’s economic policy than the new start she herself spoke of.
On Wednesday, she instead went against Biden and his proposed budget for next year. This applies to the tax on capital gains, which is currently 20 percent and Biden basically wants to double it.
Harris instead proposes a lower ceiling than Biden, a move Axios calls “Harris’ biggest departure from Biden’s policy so far.”
Donald Trump does not want to see an increase, and is expected to come up with new proposals for tax breaks in a speech in New York on Thursday.