-- Discusses Campaign to Stop Massive Tax Hike on California Small Businesses
FOR IMMEDIATE RELEASE
Contact: John Kabateck, California State Director, [email protected]
Tony Malandra, Senior Media Manager, 415-640-5156, [email protected]
SACRAMENTO, Calif., Sept. 18, 2024—Brad Close, President of the National Federation of Independent Business (NFIB), the nation’s leading small business trade association, joined KABC’s The Frank Mottek Show earlier this week to explain to listeners in Southern California why Congress should make the 20% Small Business Deduction permanent and stop the upcoming massive tax hike on California small businesses.
Listen to the interview here: https://youtu.be/3EKQVTLmbZg and learn more at www.SmallBusinessDeduction.com
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.
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The typical NFIB member employs between one and nine people and reports gross sales of about $500,000 a year. NFIB’s latest Small Business Economic Trends report can be read here and its latest Jobs Report here.
Keep up with the latest California small-business news at www.nfib.com/CA. Follow us on X @NFIB_CA and on Facebook, https://www.facebook.com/NFIB.CA
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For 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.
NFIB California
915 L St. Ste C-411
Sacramento, CA 95814
916-448-9904
NFIB.com/CA
Twitter: @NFIB_CA
