JUST IN:🇺🇸
Kamala Harris proposes $50,000 tax credit for small businesses. 
Discussion
what is a tax credit?
Her plan would allow small business to deduct up to $50k for expenses related to the business, like startup costs, from their year-end tax bill.
It’s a coupon for up to $50k
Let asset prices rip
I started a business based on one of these rules by Barack. One Million others did too. It looked really good on paper. But then, after the grace period, 80% of my tax credited colleagues couldn’t handle the tax burden. I was lucky enough to find a buyer. These incentives are creating a government dependence. Doesn’t go down well with the declaration of… Exactly… Independence…