Ads in Indiana are NFIB’s Latest Effort Calling on Congress to Make The 20% Small Business Deduction Permanent
INDIANAPOLIS, Ind. (Aug. 19, 2024) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released a new video ad in Indiana. The ad continues NFIB’s efforts to urge members of Congress to stop the massive tax hike on small businesses by passing the Main Street Tax Certainty Act to make the 20% Small Business Deduction permanent.
Watch the 30-second Indiana ad here:
“Small businesses throughout Indiana cannot afford a tax hike right now, and that’s why we’re asking Senator Todd Young to support the Main Street Tax Certainty Act and make the Small Business Deduction permanent,” said Natalie Robinson, NFIB Indiana State Director. “Small business owners continue to manage numerous economic challenges, and unless Congress acts, this tax increase will only exacerbate those challenges.”
“Small businesses are the foundation of our economy, yet more than 30 million of them are about to face a massive tax hike that would hurt their ability to create jobs and give back to their communities,” said NFIB President Brad Close.
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.
