NFIB Supports Legislation to Increase the Small Business Deduction to 23%
NFIB Supports Legislation to Increase the Small Business Deduction to 23%
April 23, 2026
The Small Business Tax Cut Act would build on the success of Congress making the Small Business Deduction permanent
WASHINGTON, D.C. (April 23, 2026) – The National Federation of Independent Business, the nation’s leading small business advocacy organization, sent a letter to the U.S. House of Representatives in support of H.R. 8415, the Small Business Tax Cut Act of 2026. This legislation would expand vital tax relief to tens of millions of small businesses by increasing the 20% Small Business Tax Deduction to 23% and expanding eligibility to claim the deduction.
“In 2025, Congress took the landmark step of making the 20% Small Business Deduction permanent, earning strong recognition and thanks from America’s small businesses,” said Dylan Rosnick, Principal of Federal Government Relations. “The Small Business Tax Cut Act would build on this success by increasing the deduction to 23% and expanding tax relief for more small businesses. This expansion will boost ongoing and planned investments for small businesses using this tax certainty to grow, hire, invest in their employees, and give back to their communities. NFIB strongly supports the Small Business Tax Cut Act and urges Congress to promptly enact this legislation.
View NFIB’s letter of support to the U.S. House of Representatives here.
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For over 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 nonprofit, nonpartisan, and member-driven. 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 is a member-driven organization advocating on behalf of small and independent businesses nationwide.
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