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.
I appreciate you recognizing that it was worded wrong, or how someone could interpret it that way.
My problem with the original comment I replied to was more this idea that we should be breaking down big businesses (which we should) rather than focusing our efforts on building up small businesses. My wife and I have talked about opening up a book store (I don’t read, but my wife does and she’s passionate about it [200 books a year on average!]) and going from 10 to 50,000 first year support would make that leap from our comfortable finance management position for her to being a business owner. So for me I see how this personally impacts the every man and how it benefits us (and me) as a whole. Plus, as is often the case, people get so caught up in the details of things these days that we end up taking more time and spending more money/energy in the first place.