![Kamala Harris releases new plan for small business tax incentives [Video]](https://smallbizsage.com/wp-content/uploads/2024/09/mp_309148_0_cbsnfusionkamalaharrisreleaseshereconomicplandetailsthumbnailjpg.jpg)
Vice President Kamala Harris released new details Wednesday on tax incentives for small businesses should she win the 2024 election. CBS News campaign reporter Shawna Mizelle reports on the plan.
Tax
![Election 2024 Latest: Trump and Harris focus on tax policy ahead of next weeks debate [Video]](https://smallbizsage.com/wp-content/uploads/2024/09/mp_308839_0_FeaturedImageFallbackNationalNews28jpg.jpg)
Donald Trump and Kamala Harris will debate for the first time next Tuesday as the presidential candidates fight to sway voters on the biggest stage in U.S. politics. The meeting comes just 75 days after President Joe Bidens disastrous debate performance triggered a political earthquake that ultimately forced him from the race. Ahead of that,
![Video Harris unveils tax plan for small businesses [Video]](https://smallbizsage.com/wp-content/uploads/2024/09/mp_308612_0_240904abcnlharrissmallbusinesshpMain16x9jpg.jpg)
While speaking to a crowd in New Hampshire, Vice President Kamala Harris detailed her tax incentive proposal for small businesses.
![Harris campaign pitches tax incentives for small business growth [Video]](https://smallbizsage.com/wp-content/uploads/2024/09/mp_308374_0_harrisborder1624655091jpg.jpg)
Harris is proposing *** 10 fold increase up to $50,000 of tax incentives for starting *** small business. She said to make that pitch today in New Hampshire in hopes of helping spur 25 million new small business applications over the term of *** possible presidency. The plan would need congressional approval but rides on already promising growth for small businesses. The treasury department says it’s receiving 430,000 new business applications per month. That’s *** 50% increase over 2019 and small businesses created 70% of new jobs in the past five years. The Trump campaign did not respond to our request for comment on the Harris proposal but in *** post, the former president blamed Harris for *** high cost of living in New Hampshire. He’ll also be taking part in *** televised town hall in Pennsylvania tonight in Washington. I’m Amy Lowe.
![First reading of tax plan to help revitalize Union Pier passes [Video]](https://smallbizsage.com/wp-content/uploads/2024/08/mp_301974_0_BZYBYBXRVVEFRG4VWHPKYUMVSIpng.jpg)
Charleston City Council members met to discuss the possibility of establishing a special financial district to use future tax revenue to fund improvements of a 65-acre property downtown.