Radio ad recognizes Rep. Jason Smith’s efforts to stop massive tax hike on Missouri small businesses
JEFFERSON CITY, Mo. (May 13, 2024) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, announced a new paid advertising campaign launching today featuring a radio ad thanking Rep. Jason Smith (MO-08) for supporting efforts to make the 20% Small Business Deduction permanent by passing the Main Street Tax Certainty Act.
“Small business owners want to see Congress take action and make the 20% Small Business Deduction permanent, and Rep. Jason Smith has been a strong leader on this issue,” said NFIB Vice President of Federal Government Relations Jeff Brabant. “Main Street is at risk of a massive tax hike if the Small Business Deduction expires in 2025. We thank Rep. Jason Smith for his leadership for Missouri’s small businesses.”
Listen to the radio ad thanking Rep. Jason Smith here: https://youtu.be/j-OGvsUJxRg
The 20% Small Business Deduction (Section 199A) allows small businesses organized as pass-throughs (S corporations, LLCs, sole proprietorships, or partnerships) the ability to deduct up to 20% of qualified business income and is scheduled to expire in 2025.
NFIB President Brad Close recently penned an op-ed in the Wall Street Journal where he discussed the importance of the 20% Small Business Deduction for Main Street businesses nationwide.