Kamala Harris tax deduction

Kamala Harris Plans $50,000 Tax Break To Boost New Small Businesses

Vice President Kamala Harris is set to propose a significant tax deduction for new small businesses, aiming to boost their growth and appeal to middle-class voters. Announced on Wednesday, the proposal suggests increasing the startup expense deduction from $5,000 to $50,000 a tenfold increase over the current relief available. Expanding...