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Kamala Harris will announce a new policy proposal Wednesday for a $50,000 tax credit for small businesses looking to get off the ground. At the center of her new plan is the small business tax ...
Kamala Harris's next big economic proposal hinges on making it easier for you to start a small business. New business owners could get a $50,000 tax deduction under Kamala Harris's plan Skip to ...
WASHINGTON — Vice President Kamala Harris will propose a tax break for startups on Wednesday intended to help entrepreneurs offset the costs of starting a small business. Harris will push to ...
Harris’ small business plan follows her announcing last month proposed steps to fight inflation by working to lower grocery prices, and to use tax cuts and other incentives to encourage homeownership. The vice president has also proposed ending federal taxes on tips to service industry workers, an idea Trump proposed first.
Harris has proposed expanding the small business tax deduction from $5,000 to $50,000. Experts told BI the proposal would shift the timing of deductions and isn't all that pricey.
Harris unveiled Wednesday a proposal to massively increase the existing small business tax deduction for startup costs and cut the red tape that impedes small businesses’ formation and growth.
She also announced a goal of receiving 25 million new small business applications in her first term, up from the 19 million filed under Biden administration. Kamala Harris proposes $50,000 tax ...
WASHINGTON (Reuters) -Vice President Kamala Harris will propose a tax deduction of up to $50,000 for new small businesses on Wednesday, a tenfold increase over existing relief and her latest ...