Rickey Smiley Interviews VP About Economy Plan [Video]

In an exclusive conversation with Rickey Smiley, Vice President Kamala Harris revealed her ambitious plans to support small businesses across the United States. With nearly 46.4% of all private sector employees working for small businesses, Harris’s proposals are both timely and impactful.

Harris shared her vision for small business growth, stating, “I have a plan to help small businesses start and grow, starting with a goal of 25 million new small business applications by the end of my first term.” Her approach includes reducing government bureaucracy and simplifying the process for obtaining occupational licenses across state lines. She also plans to introduce a “standard deduction” for small businesses and support investments in rural areas through an “expansion fund.”

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A significant aspect of her plan is the proposed increase in the small business startup tax deduction from $5,000 to $50,000. “Instead of the current tax deduction, which is only …