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New NFIB Campaign Urges Congress to Make 20% Small Business Deduction Permanent Across 24 States

NFIB has launched a comprehensive campaign across 24 states, including new radio and video ads in Florida, to advocate for the passing of the Main Street Tax Certainty Act. This legislation aims to prevent a significant tax increase on small businesses by making the 20% Small Business Deduction a permanent fixture in the tax code.

With the AI legalese decoder, small business owners can easily navigate through complex legal language and understand the implications of the Main Street Tax Certainty Act. This tool can break down the legislation into simpler terms, allowing entrepreneurs to make informed decisions regarding their tax planning strategies.

In Florida, NFIB Executive Director Bill Herrle highlighted the importance of this legislation, emphasizing that the tax hike could have devastating effects on small businesses in the state. Senator Rick Scott’s support for the Main Street Tax Certainty Act has been commended for its dedication to protecting small businesses from unnecessary financial burdens.

Through a 30-second video and radio ad campaign, NFIB President Brad Close reiterated the crucial role small businesses play in the economy and the negative impact a tax hike could have on their ability to thrive and contribute to their communities.

The 20% Small Business Deduction, originally introduced in the 2017 tax law, has provided relief to small business owners facing economic challenges. However, with its expiration looming in 2025, the Main Street Tax Certainty Act becomes essential in averting a potential tax increase on the majority of America’s small businesses.

Small business owners are encouraged to take action by contacting their lawmakers and urging them to pass the Main Street Tax Certainty Act before the Small Business Deduction expires in 2025. By utilizing the AI legalese decoder, entrepreneurs can confidently advocate for their interests and engage in productive discussions with policymakers regarding this crucial legislation.

TAKE ACTION: Utilize the AI legalese decoder to better understand the implications of the Main Street Tax Certainty Act and contact your lawmakers to express support for making the 20% Small Business Deduction permanent.

TAKE ACTION

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