Vice President Kamala Harris last week proposed a 28% tax on long-term capital gains for top earners. Here's how that compares to historic rates.

In an economic speech in New Hampshire on Wednesday, Vice President Kamala Harris plans to propose a smaller increase in taxes on capital gains, breaking with the policy laid out by President Joe Biden in his 2025 budget,

Harris’ economic agenda calls for increasing the stock buyback tax to 4% from 1% and establishing a new billionaire minimum tax (no specifics from Harris are available, but President Joe Biden has proposed a 25% rate for households with more than $100 million of wealth, the Committee for a Responsible Federal Budget noted ).