Vice President Kamala Harris in NH announcing new small business tax plan
read more…: Vice President Kamala Harris in NH announcing new small business tax planCiting the importance of small businesses in the economy and their job-generating capacity she announced a proposed plan of tax incentives for start-ups. Currently, a new business can deduct $5,000 in start-up expenses. She called for a tenfold increase to a $50,000 deduction and a reduction in red tape to incentivize new business formation.