At NH brewery, Harris unveils small business tax cut plan

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Vice President Kamala Harris used a New Hampshire campaign stop on Wednesday to propose an expansion of tax incentives for small businesses, presenting a…

campaign stop on Wednesday to propose an expansion of tax incentives for small businesses, presenting a pro-entrepreneur plan that may soften her previous calls for wealthy Americans and large corporations to pay higher taxes.📺 Los Angeles news 24/7: Watch NBC4 free wherever you are

She also said she plans to change the way the government taxes capital gains, expand access to venture capital, support innovation hubs and business incubators and increase federal contracts with small businesses. Harris made her stop at Throwback Brewery in North Hampton, outside Portsmouth, to meet with co-founders Annette Lee and Nicole Carrier. Their brewery got support to open its current location through a small business credit and installed solar panels using federal programs championed by the Biden administration, according to the Harris campaign.

Vice President Kamala Harris formally accepted the Democratic nomination for president Thursday at the Democratic National Convention. The small business plan Harris presented Wednesday had lots of facets that many in the business community would like. But that contrasts another proposal Harris unveiled last month, where she promised to help fight inflation by working to combat"price gouging” from food producers that she suggests have driven grocery store prices up unnecessarily.

What to make of former President Donald Trump's endorsement of government-funded IVF treatments and legalized recreational marijuana in Florida. Our political commentator, Sue O'Connell, explains.

 

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