Vice President Kamala Harris plans to increase taxes on wealthy individuals and large corporations as part of her economic plan if elected in November, she said in a new interview.
Since becoming the Democratic Party's official nominee for president, Harris has said she will provide $25,000 housing subsidies for first-generation home buyers, implement $100 billion in tax credits for the manufacturing sector and increase small business tax credits by tenfold.
"My plan is about saying that when you invest in small businesses, you invest in the middle class, and you strengthen America’s economy. Small businesses are part of the backbone of America’s economy," Harris told "60 Minutes" in a clip released on Monday.
"60 Minutes" correspondent Bill Whitaker reminded Harris that the question was "how are you going to pay for it?"