Kamala Harris Unveils Small Business Aid Plans
Kamala Harris Unveils Small Business Aid Plans
Kamala Harris Unveils Small Business Aid Plans
News summary

Vice President Kamala Harris is set to unveil new economic proposals aimed at supporting small businesses during a campaign event in New Hampshire, just ahead of her debate with Donald Trump. Her plans include a tenfold increase in tax deductions for startup costs, raising the limit from $5,000 to $50,000, and reducing regulatory burdens for small firms. Harris's campaign also targets the creation of 25 million new small business applications in her first term. The proposals come as she faces criticism over her economic record under the Biden administration, which has seen rising costs. The upcoming debate is critical as both candidates clash over tax policies, with Harris advocating for higher taxes on corporations and wealthier individuals, while Trump promotes tax cuts. Polls indicate Harris has gained momentum since becoming the Democratic nominee, now leading Trump by 48% to 43%.

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