Harris visits New Hampshire to tout her small business tax plan

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The speech is part of Harris' effort to strengthen her economic credentials with only two months until the end of the election.

Democratic presidential nominee Vice President Kamala Harris steps on stage to address a crowd, Sept. 4, during a campaign stop, in North Hampton, New Hampshire.

The speech is part of Harris' effort to strengthen her economic credentials with only two months until the end of the election. The campaign of Donald Trump, the former president and current Republican nominee, dismissed Harris' small business plan, noting that the vice president has promised to eliminate a package of tax cuts approved during his administration that are set to expire next year. Trump's campaign said those cuts “allowed business owners to deduct up to 20% of qualified business income,” reduced taxes on new equipment purchases and took steps to bolster small businesses as compared to larger ones.

The small business plan Harris is presenting has lots that 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.

Biden, who built his campaign around promoting the middle class, won New Hampshire by 7 percentage points in 2020, but Trump came much closer to winning it against Hillary Clinton in 2016. The Harris campaign says it has 17 field offices operating in coordination with the state Democratic party across New Hampshire, compared to one for Trump’s campaign.

 

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