Vice President Kamala Harris is proposing an expansion of tax incentives for small businesses during a campaign stop in New Hampshire. The plan aims to increase tax incentives for small business startup expenses from $5,000 to $50,000, with the goal of generating 25 million new small business applications over four years.
Harris made the announcement while visiting the Portsmouth area, emphasizing her support for entrepreneurship. This move represents a shift from her previous calls for higher taxes on wealthy Americans and large corporations.
