NFIB urges Congress to make the 20% Small Business Deduction permanent.
ALBANY, NY (Oct. 11, 2024) – Brad Close, President of the National Federation of Independent Business (NFIB), the nation’s leading small business trade association, recently joined WSYR-Syracuse radio’s Morning News with Dave Allen to explain to listeners in New York why Congress should make the 20% Small Business Deduction permanent and stop the upcoming massive tax hike on New York small businesses. STOP THE SMALL BUSINESS TAX HIKE
Listen to the interview here: https://youtu.be/dTpz2QbYt3E 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.
