NFIB urges Congress to make the 20% Small Business Deduction permanent.
PHOENIX, AZ. (Sept. 25, 2024) – Brad Close, President of the National Federation of Independent Business (NFIB), the nation’s leading small business trade association, recently joined KFNN Radio to explain to listeners in Arizona why Congress should make the 20% Small Business Deduction permanent and stop the upcoming massive tax hike on Arizona small businesses.
Listen to the interview here: https://www.youtube.com/watch?v=ls6J3L8J65A
Learn more at www.SmallBusinessDeduction.com
Background:
The 20% Small Business Deduction was created as a part of the 2017 tax law to level the playing field between small businesses and larger corporations. It has empowered small business owners to overcome the economic challenges of the last few years – but it’s set to expire at the end of 2025. The Main Street Tax Certainty Act would make the 20% Small Business Deduction permanent and avoid a massive tax hike on a majority of America’s small businesses.
