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.
My [likely ignorant] take is that we need better incentives for workers, renters, and first-time homeowners, not MBA
shysters“entrepreneurs” creating “new businesses” dropshipping imported garbage and other ventures that add little value to society.Tf are you on about? You realize that a huge chunk of small business owners are middle class, right? Hell, many of them are barely holding on at all. My wife is a social worker and started her own “business” this year, which is just a small office she rents so she has a safe place to meet her clients. I promise you we are far from being wealthy. Don’t confuse small business as being riddled with millionaires and billionaires, because that’s just complete nonsense.
It’s lemmy. Most people don’t get a small business is often tradesmen, the local restaurant down the street or that weird quirky store in your neighborhood.
They’re also the ones struggling hard right now. I’m no fan of Harris but based on the limited article, I support the idea.
We need to make it easier for the average person to start a business and have some prosperity.
I seek out small locally owned businesses as often as I can.
We don’t need more small businesses. We need less corporations, less ultra wealthy and more healthy middle class. This does not solve anything and a one time tax deduction doesn’t make small businesses sustainable when they have to compete against corpos.
Having more small businesses is how you get less corporations and a healthier middle class… there’s a ton of great incentives for small businesses already, but the hardest part is the initialization and the first year. This makes that way easier. This is a good idea, you just have a bad view.
You and @Rookwood@lemmy.world are both right.
On one side, helping small business get started is good.
The other side, breaking up monopolies and market manipulators is also needed.The default for acquisitions should be no. Too many large companies buying small companies.
