Topics:
June 4, 2024 Last Edit: July 29, 2024
Add your name to the petition to stop the massive tax hike on small businesses.
If Congress fails to act, small businesses will face a massive tax increase in 2025. Three out of four of America’s millions of small employers benefit from the 20% Small Business Deduction created in the 2017 Tax Cuts and Jobs Act.
Unfortunately, this 20% Small Business Deduction is only temporary, while the tax cuts for large, multinational corporations are permanent. Small business owners in Colorado and across the country have used this deduction to increase wages, expand their operations, and invest in their communities. But this important small business tax benefit expires at the end of 2025.
Join over 50,000 small businesses across the country by adding your name to our petition to prevent a massive tax hike on small business owners.
CLICK HERE to sign the petition.
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles
March 24, 2026
Colorado Small Businesses Applaud Effort to Curb Organized Retail Theft
HB 1138 addresses organized retail theft in Colorado
Read More
March 23, 2026
Illinois House Committee Advances Bill to Give Unemployment Benefits to Striking Workers
The Illinois House Labor Committee voted to advance a bill that would give unemployment benefits to striking workers.
The measure, HB 2565 (Vella), would pe…
Read More
March 20, 2026
ICYMI: NFIB President Brad Close Joins the Radio on WSYR/Syracuse, WGY/Albany to Discuss the 20% Small Business Deduction
NFIB led the successful fight to make the federal Small Business Deduction permanent last year.
Read More
March 20, 2026
NFIB Thanks Lawmakers, Kemp for Quick Action on Fuel Tax Suspension
Oil prices affect the cost of doing business.
Read More