Coverage dated September 2, 2024 to September 3, 2024

Harris to propose tenfold startup tax incentive increase she says will spur small business creation

Headline from WHEC Rochester

Vice President Kamala Harris is about to propose a tenfold increase in federal tax incentives for small business startup expenses, from $5,000 to $50,000, hoping it will help spur a record 25 million new small business applications over her four-year term should she win the presidency in November.

WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

17 articles, oldest first.

  1. Fortune

    Harris proposes 10x increase in small business startup deduction to $50,000 (opens Fortune)

    Published

    Fortune's feed description

    The new figure is meant to support the average $40,000 cost for starting a small business.

  2. New York Times

    Harris, Proposing a Tax Break, Makes a Play for Small-Business Owners (opens New York Times)

    Published

    New York Times's feed description

    The plan, which Kamala Harris will announce on Wednesday in New Hampshire, would allow new companies to deduct up to $50,000 in start-up expenses, a campaign official said.

  3. New York Post

    Kamala Harris’ small business plan could cost taxpayers a hefty $20B over the next decade: experts (opens New York Post)

    Published

    New York Post's feed description

    Vice President Kamala Harris will announce Wednesday that she plans to increase the amount in tax deductions offered for startups by tenfold if elected president.

  4. NBC 5 Dallas-Fort Worth

    Harris to propose $50,000 tax deduction for small business startup expenses, ahead of Trump debate (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    Donald Trump and Vice President Kamala Harris will face off at a Sept. 10 debate where the economy will likely be a focus.

  5. Insider

    New business owners could get a $50,000 tax deduction under Kamala Harris's plan (opens Insider)

    Published

    Insider's feed description

    Kamala Harris's next big economic proposal hinges on making it easier for you to start a small business.

  6. Al Jazeera

    Kamala Harris to unveil $50,000 tax deduction for new small businesses (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    US Democratic nominee’s proposal is latest effort to erase Donald Trump’s polling advantage on economic issues.

  7. Fox News

    Numbers show Harris tax proposal would give to small business with one hand, take with the other (opens Fox News)

    Published

    Fox News's feed description

    Vice President Kamala Harris unveiled new tax policies for her potential administration, which included a tenfold increase in the small business standard tax deduction.

  8. WHEC Rochester

    Harris to propose tenfold startup tax incentive increase she says will spur small business creation (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    Vice President Kamala Harris is about to propose a tenfold increase in federal tax incentives for small business startup expenses, from $5,000 to $50,000, hoping it will help spur a record 25 million new small business applications over her four-year term should she win the presidency in November.

  9. Forbes

    Harris Proposes $50,000 Small Business Tax Deduction For Startup Expenses: Here’s What To Know (opens Forbes)

    Published

    Forbes's feed description

    Harris announced the new proposal during a campaign event Wednesday.

  10. Forbes

    Harris Will Propose $50,000 Small Business Tax Deduction For Startup Expenses: Here’s What To Know (opens Forbes)

    Published

    Forbes's feed description

    Harris will reportedly announce the new proposal during a campaign event Wednesday.

  11. West Hawaii Today

    Kamala Harris to propose up to $50,000 tax deduction for new small businesses (opens West Hawaii Today)

    Published

    West Hawaii Today's feed description

    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.

  12. Arkansas Democrat-Gazette

    Harris to unveil small-business aid plan (opens Arkansas Democrat-Gazette)

    Published

    Arkansas Democrat-Gazette's feed description

    WASHINGTON -- Vice President Kamala Harris plans to propose on Wednesday a tenfold increase in federal tax incentives for small business startup expenses, from $5,000 to $50,000, hoping to help spur a record 25 million new small business applications over her four-year term should she win the presid…

  13. CBS News

    Kamala Harris to propose $50,000 tax break for small businesses (opens CBS News)

    Published

    CBS News's feed description

    She also plans on setting a goal of receiving 25 million new small business applications in her first term, up from the 19 million filed under Biden administration.

  14. UPI

    Kamala Harris expected to propose $50,000 tax break for small business startups (opens UPI)

    Published

    UPI's feed description

    Vice President Kamala Harris is expected to announce on Wednesday a robust $50,000 tax deduction for small business startup costs, a boost from the current $5,000, sources told media outlets.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Harris to propose tenfold startup tax incentive increase she says will spur small business creation | Since Then