Harris is visiting New Hampshire, away from bigger swing states, to tout her small business tax plan

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Joe Biden News

Elections,Washington News,Politics

Vice President Kamala Harris is using a New Hampshire campaign stop to propose an expansion of tax incentives for small businesses.

Democratic presidential nominee Vice President Kamala Harris campaigns with President Joe Biden at the IBEW Local Union #5 union hall in Pittsburgh on Labor Day, Monday, Sept. 2, 2024. — presenting a pro-entrepreneur plan that may soften her previous calls for wealthy Americans and large corporations to pay higher taxes.

Trump has called for lowering the corporate tax rate to 15% — a break with Biden who in his budget proposal in March suggested setting the corporate tax rate at 28%. Harris has released relatively few major policy proposals in the roughly six weeks since taking over the top of the Democratic ticket, but has not suggested she's planning to deviate greatly from his administration on tax policy.

Harris has built her campaign around calls to grow and strengthen the nation's middle class — and suggested that rich Americans and large corporations should “pay their fair share” in higher taxes. Trump is nonetheless hoping to use what happened to his advantage, posting on his social media account that Harris “sees there are problems for her campaign in New Hampshire because of the fact that they disrespected it in their primary and never showed up."

 

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