Radio/video advertising in Arizona is the NFIB’s latest effort to urge Congress to make the 20 percent small business tax credit permanent.

PHOENIX (16 August 2024) – The National Federation of Independent Businesses (NFIB)), the nation’s leading small business advocacy group, has released new radio/video ads in Arizona. The ads continue NFIB’s efforts to urge members of Congress to stop the massive tax increase on small businesses by passing the Main Street Tax Certainty Act to make the 20% small business deduction permanent.

CLICK HERE to listen to the 30 second radio commercial.

CLICK HERE to watch the 30 second video ad.

“Small businesses are the foundation of our economy, yet more than 30 million of them face a massive tax increase that would impact their ability to create jobs and give back to their communities,” said NFIB President Brad Close. “Congress must now pass the Main Street Tax Certainty Act to level the playing field and make it easier for small businesses to compete.”

“Small business owners in Arizona cannot afford this massive tax increase,” said NFIB State Director Chad Henrich“The 20 percent small business tax credit has enabled small businesses to grow, raise wages, and increase employee benefits. This is the most important part of the 2017 tax law, and its elimination would impact every small business. Congress must act to make it permanent.”

Background:

The 20% small business deduction was introduced as part of the 2017 tax law to level the playing field between small businesses and large corporations. It has helped small business owners overcome the economic challenges of recent years – but it expires at the end of 2025. Main Street Tax Certainty Act would make the 20% small business deduction permanent and avoid a massive tax increase for the majority of American small businesses.