Harris Hits Trump Where it Hurts: It’s the Economy, Stupid!
Kamala Harris is taking a page out of Bill Clinton’s playbook, giving Donald Trump a run for his money on an issue dear to voters’ hearts (and wallets): the economy.
The Democratic presidential nominee is set to announce Wednesday that if elected president, she’ll give massive tax breaks to new small business owners. Her plan would allow new companies to deduct up to $50,000 in start-up expenses, a tenfold increase over the current $5,000 deduction, according to a campaign official.
Following a flurry of ads portraying herself as a middle class ally who will lower grocery and housing costs, Harris is making a big play for small business owners. Her new proposal, which she’s expected to unveil during a campaign event at a family-owned brewery in New Hampshire, seeks to field 25 million new small business applications.