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At the forefront of Harris’ small business strategy is her proposal to expand the tax deduction for brand spanking new small businesses tenfold, from $5,000 to $50,000. This can be a game-changing policy for entrepreneurs, one that may ensure a substantial financial cushion to help fledgling businesses weather their crucial first yr. This coverage would ensure that starting your individual business would no longer be restricted to those with deep pockets or the ability to take on crushing amounts of debt, thereby increasing the pool of entrepreneurs across …
