Vice President Kamala Harris will propose a tax deduction of up to $50,000 for new small businesses on Wednesday, a tenfold increase over existing relief and her latest economic policy aimed at winning over middle-class Americans after jumping into the presidential race over a month ago.
No, you have a point and I wrote that oddly. I’m not saying we can only have one or the other. But yeah, my comment makes it sound like we can’t do helping small businesses without first taking care of large corporations. We can have both things happening.
That’s on me, I wasn’t entirely clear in that comment. We can have the small business help and that would provide benefit to small businesses. But small businesses won’t thrive until we ease up the grip that particular companies have on select industries.
I appreciate you recognizing that it was worded wrong, or how someone could interpret it that way.
My problem with the original comment I replied to was more this idea that we should be breaking down big businesses (which we should) rather than focusing our efforts on building up small businesses. My wife and I have talked about opening up a book store (I don’t read, but my wife does and she’s passionate about it [200 books a year on average!]) and going from 10 to 50,000 first year support would make that leap from our comfortable finance management position for her to being a business owner. So for me I see how this personally impacts the every man and how it benefits us (and me) as a whole. Plus, as is often the case, people get so caught up in the details of things these days that we end up taking more time and spending more money/energy in the first place.