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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 ...
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 ...
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 ...
WASHINGTON (AP) — Vice President Kamala Harris plans to propose on Wednesday a tenfold increase in federal tax incentives for small business startup expenses, from $5,000 to $50,000, hoping to help spur a record 25 million new small business applications over her four-year term should she win the presidency in November.
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 ...
Four out of the six living presidents have endorsed Harris. Former president Donald Trump is the Republican nominee, while George W. Bush declined to endorse a candidate as he is "retired from presidential politics." [1] Three out of the five living vice presidents besides Harris herself have endorsed her. Biden is also the outgoing incumbent ...
The proposal may represent an opportunity for bipartisan agreement, as experts told BI that neither party benefits from seeming anti-small business.
Under her small business plan, Harris is proposing raising the tax deduction for small business's startup expenses to $50,000, up from the current $5,000 deduction for startups.