Harris to pare back Biden’s capital-gains tax proposal, WSJ reports
1:54 pm Wednesday, September 04th, 2024
WASHINGTON (Reuters) – Democratic presidential nominee Kamala Harris is planning to propose a less drastic increase in the top capital gains tax rate, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The move, if taken by Harris, would break with a plan outlined by President Joe Biden in his budget earlier this year, the newspaper reported.
(Reporting by Jasper Ward; editing by Rami Ayyub)
