Kamala Harris to propose up to $50,000 tax deduction for new small businesses

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https://www.reuters.com/world/us/kamala-harris-propose-50000-tax-deduction-new-small-businesses-2024-09-03/

Vice President Kamala Harris will propose a tax deduction of up to $50,000 for new small businesses on Wednesday, a tenfold increase over existing relief and her latest economic policy aimed at winning over middle-class Americans after jumping into the presidential race over a month ago.