صدى البلد البلد سبورت قناة صدى البلد صدى البلد جامعات صدى البلد عقارات
Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie
ads

Harris Pledges Support for Small Business Creation


Wed 04 Sep 2024 | 09:52 AM
Israa Farhan

US presidential candidate Kamala Harris pledged on Tuesday to bolster the creation of small businesses as part of her gradually unveiled economic program.

This announcement comes as she prepares for a crucial debate on September 10 against her Republican opponent, Donald Trump.

Harris, who currently serves as Vice President, is positioning herself as a champion of the middle class, contrasting herself with Trump, a billionaire accused of favoring the wealthy and multinational corporations.

Harris plans to detail her proposal on Wednesday during a trip to New Hampshire, according to her campaign manager.

The 59-year-old Democratic candidate, who will face Trump in the November 5 election, has committed to increasing the tax deduction for starting small businesses tenfold, from $5,000 to $50,000.

This amount is intended to cover the average cost of launching a small business in the United States, which is currently estimated at $40,000, according to campaign sources.

On Wednesday, Harris will also outline a goal for her potential presidency: to create 25 million new small businesses within four years.

This announcement follows her recent unveiling of the first part of her economic plan, which focuses on supporting household purchasing power, including tax breaks for new parents and measures to control drug prices.

Trump has criticized his Democratic rival, labeling her economic program as "communist."

On his social media platform, Truth Social, the Republican billionaire wrote, "Comrade Kamala Harris clearly has problems in New Hampshire because the Democrats lack respect for that state."

New Hampshire, considered a "blue" state on the U.S. presidential election map, has consistently voted for the Democratic candidate for the past 20 years.

A recent Suffolk University poll published by USA Today on Tuesday shows Harris with 48% of the national vote, compared to 43% for her Republican rival.