Harris Pushes 28% Capital Gains Tax Rate on $1 Million Earners

Vice President Kamala Harris called for a 28% capital gains tax rate on people earning $1 million or more, touting it as a measure that would ensure the wealthy paid their fair share as she sought to detail her economic agenda and draw a contrast with Republican rival Donald Trump.

“While we ensure that the wealthy and big corporations pay their fair share, we will tax capital gains at a rate that rewards investment in America’s innovators, founders and small businesses,” Harris said Wednesday at an event in Portsmouth, New Hampshire.

The Democratic presidential nominee’s ...