US Vice President Kamala Harris proposes to increase the corporate tax rate to 28% from 21% if she wins the November election against Republican Donald Trump, her campaign said, Reuters reported, citing BTA.
Harris campaign spokesman James Singer said the move would be part of "a fiscally responsible way to put money back into the pockets of working people and make sure billionaires and big corporations pay their fair share.”
When Trump was president, he cut the corporate tax rate to 21% from 35% and introduced other tax cuts that expire next year. Trump has promised to make those cuts permanent.
The Committee for a Responsible Federal Budget, a nonpartisan organization, said yesterday that Harris' proposal to raise the corporate tax rate to 28 percent would reduce the U.S. deficit by $1 trillion over a decade.
Changes to the US tax code require approval by Congress, Reuters recalls.
Democrats and Republicans are waging a tight battle for control of the Senate and House of Representatives.
Harris pledged to uphold President Joe Biden's position of not raising taxes on people making $400,000 a year or less.
Representatives of American intelligence said that Iran was responsible for hacking the presidential campaign of Donald Trump, the Associated Press reported, quoted by BTA.
This is the first time the US government has claimed responsibility for the cyberattack, which the Republican candidate previously linked to Tehran.
The FBI and other federal agencies said Iran views this year's presidential election as particularly important and is determined, through the hacking operation and other activities, to interfere in American politics and "stir discord and undermine confidence in our democratic institutions”.
"We have observed increasingly aggressive Iranian activity during this election cycle, including in particular influence operations targeting the American public and cyber operations targeting presidential campaigns,” said a joint statement by The FBI, the Office of the Director of National Intelligence, and the Cybersecurity and Infrastructure Security Agency.
The statement said Iranian hackers had "sought access to individuals with direct access to the presidential campaigns of both political parties”. The FBI is investigating attempts to gain access to the campaign of current Vice President Kamala Harris.