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955 Harris proposes increased startup tax deduction

KillerStartups
Maya Johnson @ KillerStartups · 09/23/2024 10:47 EDT

Harris proposes increased startup tax deduction

Vice President Kamala Harris recently proposed increasing the startup expense tax deduction from $5,000 to $50,000 to create an “opportunity economy.” The proposal aims to provide more support for small businesses and reduce bureaucratic hurdles. U.S. Sen. Cory Booker joined small business owners in Flint, Mich., for a roundtable discussion on the plan. Dwayne Williams ...

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