New Ads Urge Congress to Stop the Massive Tax Hike

August 15, 2024

Ads will be run in 24 states across radio, digital, and video.

New Ads Urge Congress to Stop the Massive Tax Hike

What it means: NFIB is releasing ads urging Congress to stop the massive tax hike on small businesses by making the 20% Small Business Deduction permanent. Our take: If the Small Business Deduction expires at the end of 2025, it will mean a massive tax hike on 9 out of 10 small businesses. This would ultimately lead to job losses, lower wages, and an economic slowdown.

TAKE ACTION

Make the Small Business 20% Reduction Permanent.

NFIB has launched a new ad campaign across 24 states featuring targeted radio, digital, and video ads. These ads are a continued effort by NFIB to ask Congress to stop the massive tax hike on 9 out of 10 small businesses by passing the Main Street Tax Certainty Act. If the 20% Small Business Deduction expires, the playing field will tilt in favor of large corporations for over 30 million small business owners. Watch (and share) the NFIB Small Business Deduction 30-second video ad here: https://youtu.be/PkI1hplqR14 Listen (and share) the NFIB Small Business Deduction 30-second radio ads here: https://youtu.be/u0ox8m_x5PQ “Suddenly removing tax savings will decimate America’s small businesses, who have used the 20% Small Business Deduction to overcome significant hurdles like inflation, hiring shortages, and supply chain disruptions,” said Brad Close, NFIB President. “The Main Street Tax Certainty Act would make the 20% Small Business Deduction permanent and avoid a massive tax hike on nine out of 10 small businesses.”

TAKE ACTION

Make the Small Business 20% Reduction Permanent.

Topics:

Taxes

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