Harris would adhere to Biden’s vow against middle-class US tax hikes, Yellen says

07/30/2024

Less than a minute

2024.07.30 13:13

© Reuters. FILE PHOTO: U.S. Vice President Kamala Harris delivers remarks at a campaign event in Pittsfield, Mass., U.S., July 27, 2024. Stephanie Scarbrough/Pool via REUTERS/File Photo

PHILADELPHIA (Reuters) – Vice President Kamala Harris would adhere to President Joe Biden’s vow not to raise taxes on middle-income taxpayers and has helped to determine the Biden-Harris’ administration’s approach to tax fairness, including higher taxes on the wealthy and corporations, U.S. Treasury Secretary Janet Yellen said on Tuesday.

“Vice President Harris has indicated her support for avoiding tax increases for middle-income families. So I believe that’s a principle that she would adhere to,” Yellen told an Internal Revenue Service event in Philadelphia with Pennsylvania Governor Josh Shapiro, a contender to be Harris’ vice-presidential pick.

07/30/2024

Less than a minute

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