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International Business Times
International Business Times
Politics
Kiran Tom Sajan

Kamala Harris Proposes To Hike Corporate Tax Rate To 28%

Kamala Harris Donald Trump James Singer Joe Biden
The corporate tax hike is Kamala Harris's first major proposal to raise revenues (Credit: AFP)

Vice President Kamala Harris has announced a plan to increase the corporate tax rate to 28% from its current 21%, if she becomes the president.

Her campaign made the announcement on Monday by framing the proposal as a key component of her economic strategy, Reuters reported.

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