Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Harris protects small business owners

Tax the large corporations and the rich, and instead lower the tax for small business owners. That was Kamala Harris' message when she on Wednesday presented her business economic policy.

Published: 04 September 2024
Harris protects small business owners
Photo: Steven Senne/AP/TT

The economy is one of the presidential election's biggest issues, and according to Reuters, an area where Republican Donald Trump has greater support than Harris.

That she, for the second time in three weeks, presented her economic visions was therefore not unexpected. Nor was it unexpected that the focus was on middle-income earners and small business owners.

You are the glue that holds our societies together, said the Democratic presidential candidate.

I want to see 25 million new small businesses during my first term, she continued in her speech in New Hampshire.

When she held a keynote speech about Americans' personal finances in mid-August, the focus was on reducing household costs in general and food prices in particular.

Her proposals were then seen more as an extension of President Joe Biden's economic policy rather than the new start she herself talked about.

On Wednesday, she instead went against Biden and his proposed budget for next year. This concerns the tax on capital gains, which currently stands at 20 percent and Biden largely wants to double.

Harris proposes lower ceilings than Biden, a move Axios calls "Harris' biggest departure from Biden's policy so far".

Donald Trump does not want to see an increase, and is expected to present new proposals for tax relief during a speech in New York on Thursday.

Places
People
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Harrods billionaire accused: "He was a monster"
1 MIN READ

Harrods billionaire accused: "He was a monster"

Hezbollah's leader promises revenge after explosions
2 MIN READ

Hezbollah's leader promises revenge after explosions

Task: Sinwar to leave Gaza in new peace proposal
1 MIN READ

Task: Sinwar to leave Gaza in new peace proposal

Japan awaits explanation for boy's murder
1 MIN READ

Japan awaits explanation for boy's murder

Over 70 dead in jihadist attack in Mali
1 MIN READ

Over 70 dead in jihadist attack in Mali

Infected in the EU over Venezuela: "A Betrayal"
1 MIN READ

Infected in the EU over Venezuela: "A Betrayal"

Russia: We Have Taken Another Village
1 MIN READ

Russia: We Have Taken Another Village

Wore a sensitive t-shirt – got 14 months in prison
1 MIN READ

Wore a sensitive t-shirt – got 14 months in prison

EU billions for light and warmth in Ukraine
1 MIN READ

EU billions for light and warmth in Ukraine

Denmark's Queen Margrethe in Hospital
1 MIN READ

Denmark's Queen Margrethe in Hospital

Italian Mayor: The River Has Exploded
1 MIN READ

Italian Mayor: The River Has Exploded

Sources: Agents behind Hizbollah's Devices
3 MIN READ

Sources: Agents behind Hizbollah's Devices

Electronic Attacks: This is What We Know
4 MIN READ

Electronic Attacks: This is What We Know

Colombia stops peace talks with guerrilla
1 MIN READ

Colombia stops peace talks with guerrilla

Exploded people-searchers can be war crimes
4 MIN READ

Exploded people-searchers can be war crimes

FBI: Iran stole from Trump and sent to Biden
1 MIN READ

FBI: Iran stole from Trump and sent to Biden

After False Cat Play - Trump to Springfield
1 MIN READ

After False Cat Play - Trump to Springfield

Salmon Lice Invasion at Norwegian Salmon Farms
1 MIN READ

Salmon Lice Invasion at Norwegian Salmon Farms

Budget Proposal Rejected Following Trump's Urging
1 MIN READ

Budget Proposal Rejected Following Trump's Urging

Iran vows revenge for "Israel's terrorist action"
3 MIN READ

Iran vows revenge for "Israel's terrorist action"