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    Nation

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    National Democratic Alliance (NDA) candidate Vijay Sinha was on Wednesday elected as Bihar Assembly Speaker with 126 MLAs voting in favour as against 114 votes...

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    Delhi-NCR and the threat of second wave in Punjab, Chief Minister Captain Amarinder Singh on Wednesday directed to impose several new restrictions in the state....

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    An investment of Rs 6,000 crore in the National Investment and Infrastructure Fund (NIIF) was approved by the Cabinet on Wednesday. This amount will be invested...

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    Cyclone Nivar is likely to cross between Mamallapuram and Karaikal during midnight of Wednesday and early hours of November 26, as per India Meteorological Department...

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    Equity benchmark indices opened in the green on Wednesday with Sensex up by 277.40 points and Nifty up by 84.85 points. The domestic stock markets...

    November 25, 2020

    Kamala Harris lays out tax plan of Biden administration

    2 min read

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    S Vice President-elect Kamala Harris has assured Americans that there would be no increase in taxes for those having an annual income of less than 400,000 dollars.

    At the same time, Harris has insisted that in the Joe Biden administration, corporations and the wealthiest will finally be made to pay their fair share.

    Will make corporations and the wealthiest finally pay their fair share and he won't ask a single person making under USD 400,000 per year to pay a penny more in taxes," Harris tweeted on Wednesday.

    Earlier in the day, Harris and her husband Douglas Emhoff stopped by a bakery in Washington DC. Harris said such shops empower the nation's veterans, military families, and caregivers.

    Grateful to all who support our veterans in our communities, Harris said in a tweet.

    The US media has projected Biden, a Democrat, as the winner of the November 3 presidential election. However, incumbent President Donald Trump, a Republican, is yet to concede defeat, vowing to mount legal fights in several key battleground states.

    Harris, 56, is set to make history becoming the first woman - and the first woman of colour - to occupy the office.

    Meanwhile, TV superstar Oprah Winfry, in an interview with PEOPLE, said Harris' election is extraordinary.

    I think what she means for women of the world is so extraordinary. For women here in the United States, we can't even measure it. Because to see someone who looks like you in this role, you see what's possible for yourself. Period," she said.

    Winfry had organised a major voter education initiative in support of Joe Biden and Kamala Harris ahead of the election.

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