Economists pour cold water on Harris’ new tax proposal for small businesses
Conservative economists are pouring cold water on a new proposal aimed at lowering the costs of starting a new small business as part of Vice President Kamala Harris' “opportunity economy” economic agenda. Vice President Harris announced new small business tax proposals last week aimed at easing the costs associated with starting a new business, including […]
Harris unveils new tax proposals for small businesses
Vice President Kamala Harris on Tuesday unveiled a new tax plan for small businesses that she plans to unveil during a campaign speech in New Hampshire on Wednesday. The proposal seeks to increase the federal small business tax credit tenfold, from $5,000 to $50,000, which the campaign suggests would help alleviate the burden of the […]
Harris to announce new economic plans focused on boosting small businesses
As part of her economic plan, Vice President Harris will propose expanding tax cuts for Americans starting small businesses, a Harris campaign official told The Hill. The proposal would expand the tax credit for small business start-up costs tenfold, from $5,000 to $50,000, and if elected president, Harris would aim to see 25 million new […]
Global tax code endangers US sovereignty, businesses
Americans are more concerned than ever about consumer prices and whether their paychecks can buy goods and services. One policy that certainly won't help would be to encourage foreign governments to impose additional taxes on U.S. companies, including on profits earned in the U.S. Global bureaucrats argue that Congress hasn't done enough to tax U.S. […]
Kamala Harris aims to screw workers AND businesses to help Big Labor bosses
Kamala Harris has so far revealed only few and fluid details about her plans in many policy areas, even walking back extreme and unpopular positions through unattributed campaign statements. But on labor issues there is no need for speculation: Ms. Harris has consistently and loudly advocated policies that give union leaders unprecedented control over both […]
Marijuana gifting businesses could be shut down in DC | FOX 5 DC
DC Council is set to take up emergency legislation on Tuesday that would end marijuana gifting businesses in the District in an … source
‘Don’t Mess With The American Dream!’: Kevin O’Leary Says Kamala Harris’ Tax Plan Will Destroy American Businesses
“Shark Tank” co-star Kevin O'Leary said Thursday that Vice President Kamala Harris' tax reform proposal would destroy the American Dream. Harris plans to impose a 25% tax on unrealized capital gains on individuals with assets over $100 million and raise the corporate tax rate from the current 21% to 28%. According to According to The […]
Potential rail stoppage in Canada has US businesses worried
A labor dispute north of the U.S. border has Canadian rail workers on strike, possibly as early as Thursday, with U.S. companies calling for government intervention. The U.S. and Canadian Chambers of Commerce issued a warning Tuesday about possible rail service shutdowns, saying they could have a “significant impact” on the U.S. economy. “The U.S. […]
Chicago businesses boarding up, bracing for protests ahead of Democratic National Convention
Several stores in downtown Chicago were boarded up as the Democratic National Convention (DNC) kicked off on Monday, raising concerns about protests and potential unrest. “We’ve had experience with this. The city doesn’t have a great track record of protecting businesses and civic property, so we want to be preemptive and board up before the […]
Ex-Trump official Linda McMahon fears fate of small businesses under a Harris admin
Linda McMahon, a former administrator of the Small Business Administration under Trump, has expressed concern about what the environment for small businesses will be like under a Harris-Waltz administration. McMahon said Thursday on Fox Business’ “The Big Money Show” that he’s “scared” about what will happen with Harris and Waltz at the helm. “Let’s take […]