Kamala Harris to tout small business tax plan during New Hampshire campaign stop

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Decision 2024 News

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Vice President Kamala Harris is using 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.

Vice President Kamala Harris formally accepted the Democratic nomination for president Thursday at the Democratic National Convention. 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.

 

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