Harris proposes lower capital gains tax increase than Biden 

Vice President Harris made a policy break from President Biden on Wednesday by calling for a lower tax increase on capital gains than what the president had proposed.

Harris said during a campaign speech in New Hampshire said she wants to increase the capital gains tax to 28 percent for those with $1 million or more in income, up from its current effective level of 23.6 percent.

Harris's proposal is well shy of the 44.6 percent rate proposed in a budget update from the Biden administration in July.