Radio ads recognize 10 lawmakers for working to stop massive small business tax hike
WASHINGTON D.C. (May 13, 2024) – He National Federation of Independent Businesses (NFIB), the nation’s leading small business advocacy organization, announced a new paid advertising campaign launching nationwide today with targeted radio spots. The ads thank specific members of Congress for supporting efforts to make the 20% Small Business Deduction permanent by passing the Main Street Tax Certainty Act.
“Small business owners want Congress to take action and make the 20% small business deduction permanent,” he said NFIB Vice President of Federal Government Relations Jeff Brabant. “Main Street is at risk of a massive tax increase if the small business deduction expires in 2025. Main Street Tax Certainty Act should be a top priority for Congress and we are encouraged that this important bipartisan legislation has been introduced in both Houses. “We urge Congress to pass it and thank these legislators for their leadership on behalf of small businesses on this issue in their states and districts.”
Listen to the radio spots here: https://www.youtube.com/playlist?list=PLWcr4XXHGXwcsfbNweDWzTW6B9OklCjSi
Radio spots will air in specific markets and states thanking Senator Bill Cassidy (LA), Senator Tim Scott (SC), Senator Thom Tillis (NC), Senator Chuck Grassley (IA), Senator Jodi Ernst (IA ), to Representative Jason Smith. (MO-08), Rep. Lloyd Smucker (PA-11), Rep. Mike Kelly (PA-16), Rep. Kevin Hern (OK-01), and Rep. Josh Gottheimer (NJ-05) for supporting the completion of the 20% permanent deduction for small businesses.
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 wrote a opinion article in it Wall Street Journal where he discussed the importance of the 20% small business deduction for major businesses across the country.