US Democratic presidential candidate Kamala Harris has set a goal of creating 2.5 million small business opportunities in her first term. He is scheduled to make this announcement at a public meeting in the city of Portsmouth, New Hampshire, USA, on Wednesday local time.
An official associated with Kamala Harris’ election campaign said, ‘She (Kamala) will present a dramatic proposal to increase the tax deduction by 10 times for those who want to start small businesses. Besides, he has set a target of creating two and a half crore small business opportunities in his first term.
Kamala Harris has been successfully campaigning since Joe Biden withdrew from the post of Democratic presidential candidate. Kamla has been talking about the ‘opportunity economy’ since the beginning of the campaign. But he was criticized for not explaining what he really meant by this. It is expected to be clear this time.
Among other announcements, Kamala will announce an increase in the tax deduction for small traders from $5,000 to $50,000. It will also reduce the administrative burden for small traders.
