September 20, 2024.

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WASHINGTON (AP) — Vice President Kamala Harris is using a New Hampshire campaign stop on Wednesday to propose an expansion of tax incentives for small businesses — presenting a pro ...

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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. Her goal, she said, was 25 million new small business ...

Her goal, she said, was 25 million new small business applications by the end of her first term, and she said she would focus on small businesses in rural communities like those in New Hampshire.

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She's also setting a goal of receiving 25 million new small business applications in her first term, up from the record 19 million that were filed under the Biden-Harris administration.