Vice President Kamala Harris used a New Hampshire campaign stop on Wednesday to propose an expansion of tax incentives for small businesses, presenting a pro-entrepreneur plan that may soften her previous calls for wealthy Americans and large corporations to pay higher taxes.
Before getting into the details of her plans, she started by making comments about the deadly shooting at a Georgia high school Wednesday.
“We have to end this epidemic of gun violence in our country once and for all. It doesn’t have to be this way,” she said.
Harris then launched into details of her small business tax plan, part of what she called an “opportunity economy” where everyone gets a chance at success.
To do that, she said, she wants to expand tax incentives for small business startup expenses from $5,000 to $50,000, with the goal of eventually spurring 25 million new small business applications over four years.
She also said she plans to change the way the government taxes capital gains, expand …