Harris breaks from Biden on tax

Vice President Harris used a trip to the "Live Free or Die" state of New Hampshire to call for a top tax rate on capital gains that's nearly 10 points lower than President Biden's proposal.

• Biden has proposed taxing capital gains as regular income, taking the rate from 20% to 39.6% for Americans making more than $1 million a year.
• Congress would have to approve all changes to the tax code.

Between the lines: Harris wants to rebut charges — and the "Comrade Kamala" name-calling — from the Trump campaign that she's not fully committed to American capitalism.

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