The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, hosted a Capitol Hill press conference during its 2024 Small Business Tax Deduction Summit featuring NFIB President Brad Close, Senator Steve Daines (R-MT), and small business owners who called for passage of the Main Street Tax Certainty Act to make the 20% Small Business Deduction permanent for America’s 33 million small businesses.
Nebraska’s own Candice Price, a NFIB member and co-owner of Home Team Auto Sales, joined the press conference to share how the small business tax deduction has helped small businesses in the Cornhusker State.
Price shared how the expiration of the 20% Small Business Deduction would impact Main Street, their employees and communities, and the broader U.S. economy.
Nebraska Small Business Owner Candice Price, co-owner of Home Team Auto Sales, said:
“Small Businesses like ours are the foundation of the American economy. The 20% Small Business Deduction has enabled us to be able to grow our business…expand, buy equipment, and now it is enabling us to hire. If this Deduction goes away, and prices continue to climb, it can literally be the difference between a small business staying open or closing its doors forever. Congress has already given the permanent tax relief to big businesses; they must do the same for the 30 million small businesses in America.”
Watch Price’s full remarks here.
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