October 12, 2024

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Harris targets small business tax break in contrast with Trump’s corporate tax cuts

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Vice President Kamala Harris takes her official portrait Thursday, March 4, 2021, in the South Court Auditorium in the Eisenhower Executive Office Building at the White House. (Official White House Photo by Lawrence Jackson)

Photo caption: Vice President Kamala Harris takes her official portrait Thursday, March 4, 2021, in the South Court Auditorium in the Eisenhower Executive Office Building at the White House. Official White House Photo by Lawrence Jackson. Wikimedia – Public Domain. Article by Elena Schneider. Politico – September 3, 2024. Campaign website: Kamala Harris.

Kamala Harris rolled out a new plan for small business tax breaks, as the vice president looks to contrast her economic agenda with former President Donald Trump ahead of next week’s debate. Harris’ proposal, released on Tuesday, calls for significantly expanding the tax deduction for start-up expenses from $5,000 to $50,000, while also setting the goal […]

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