Vice President Kamala Harris is planning to unveil a new proposal to provide small businesses a $50,000 tax deduction for startup expenses.Donald Trump has attacked Harris' economic policy record and attempted to pitch himself as the candidate who would be better for business.
The Harris campaign did not respond to a request for clarification about which startups and small businesses would be eligible for the tax deduction. The Harris campaign has been building the vice president's economic platform at warp speed, since she emerged as the Democratic presidential nominee afterFeeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly
Part of that pitch has included a federal ban on so-called"price gouging" in the food industry, implying that high food prices are a result of grocery companies artificially inflating prices.Meanwhile, Trump has long sold himself as a friendly face to big business. During his third presidential run, Trump is proposing to make his first-term tax cuts permanent, including a lower corporate tax rate.