Vice President Kamala Harris is traveling to New Hampshire on Wednesday to lay out another plank of her economic agenda, pitching small-business relief in a Democratic-leaning state ahead of her critical debate next week against Donald Trump.
Harris plans to visit a local brewery in North Hampton that benefited from President Joe Biden’s pandemic-era relief bill and other policies, an effort to highlight the Biden administration’s record of small-business growth while also laying out plans to bolster the economy by supporting entrepreneurs in the future.
While New Hampshire, which Democrats have carried in the last five presidential elections, has not been considered among the battleground states up for grabs in November, aides say Harris is visiting the Granite State in part to show that she is not taking any voters for granted and in part to woo the kind of moderate and Republican voters who dislike Trump.
“Our campaign is reaching voters of all political stripes — including Nikki Haley voters who are turned off by Trump’s extremism,” Harris’s campaign said in a statement, which noted that Haley, the former U.N. ambassador, garnered 43 percent of the state’s vote in her bid against Trump.
Trump’s campaign has suggested that Harris is traveling to New Hampshire because she is struggling there. Many Democratic leaders in the state were upset when Biden opted to bypass its first-in-the-nation primary to elevate South Carolina earlier this year.
Harris “sees there are problems for her campaign in New Hampshire because of the fact that they disrespected it in their primary and never showed up,” Trump wrote Tuesday on his social media platform Truth Social. “Additionally, the cost of living in New Hampshire is through the roof, their energy bills are some of highest in the country, and their housing market is the most unaffordable in history.”
The economy is expected to be a major focus during Tuesday’s debate against the two candidates, and Harris has focused much of her policy rollout on what she has branded the “Opportunity Economy.”
During her visit to Throwback Brewery in North Hampton, Harris is expected to announce plans for a $50,000 tax benefit for small businesses, expanding the current $5,000 deduction for start-up firms by tenfold, according to a campaign official. Campaign aides say the proposal — part of a suite of new initiatives to boost entrepreneurship – would help draw a contrast with Trump, who has proposed tax cuts for corporations.
Trump and his campaign have sought to draw a contrast of their own, leaning into his polling advantage on economic matters. The former president has tried to brand Harris as excessively liberal, arguing that her policies have created inflation and stunted economic growth.
Harris’s latest proposal is part of an ongoing effort to combat Trump on that issue and woo some of the voters who dislike the former president but are concerned that Harris would be unfriendly to business.
In addition to the $50,000 tax deduction, Harris is proposing to create a new standard deduction for small firms to expedite their tax filings, lower barriers for occupational licenses and approve incentives for state and local governments to make it easier to form start-ups, among other changes, the campaign official said. The plans are part of a bid to spur some 25 million new business applications over four years, up from the record 19 million since Biden took office.
Harris, who has supported Biden’s proposals to increase taxes on large corporations and the wealthy to pay for other Democratic priorities like child care, has not said how much her latest efforts would cost or how the government would pay for them.
Jeff Stein contributed to this report.