NFIB State Director Brad Jones highlights the importance of making the 20% Small Business Deduction permanent while on the air with Wake Up Mid-Missouri.
In a conversation with Wake Up Mid-Missouri, NFIB State Director Brad Jones discussed the findings of the latest Small Business Economic Trends (SBET) report while highlighting the importance of making the 20% Small Business Deduction permanent.
CLICK HERE to stop the small business tax hike!
Main Street is facing all sorts of economic uncertainty, which is exacerbated by the looming expiration of the 20% Small Business Deduction in 2025, warned Jones:
“In 2017, we passed the tax cuts. The small businesses that benefitted from that most are your LLCs, your partnerships, your smallest of businesses. They benefitted from the 20% Small Business Deduction. That tax deduction goes away at the end of 2025. I think a lot of small business owners are wondering what’s going to happen, if we don’t get that deduction made permanent.”
CLICK HERE to listen to the full conversation. CLICK HERE to learn more about NFIB’s efforts to stop the small business tax hike.
