NFIB FL Announces New Ads Thanking Sen. Rick Scott for Co-Sponsoring Bill to Stop Massive Tax Hike on Small Businesses

August 15, 2024

New Ads Across 24 States Are NFIB’s Latest Effort Calling on Congress to Make The 20% Small Business Deduction Permanent

NFIB FL Announces New Ads Thanking Sen. Rick Scott for Co-Sponsoring Bill to Stop Massive Tax Hike on Small Businesses

NFIB released new radio and video ads in Florida to continue NFIB’s efforts to urge members of Congress to stop the massive tax hike on small businesses by passing the Main Street Tax Certainty Act. This legislation would make the 20% Small Business Deduction permanent. Watch the 30-second Florida video ad here: “Florida’s small businesses simply cannot afford a 20% tax increase, and we applaud Senator Rick Scott for supporting Main Street and co-sponsoring the Main Street Tax Certainty Act,” said Bill Herrle, NFIB Florida Executive Director. “Small business owners throughout the state are already managing several economic difficulties and if Congress doesn’t act, this tax hike will be devastating for their businesses.” Listen to the 30-second Florida radio ad here: “Small businesses are the foundation of our economy, yet more than 30 million of them are about to face a massive tax hike that would hurt their ability to create jobs and give back to their communities,” said NFIB President Brad Close. The 20% Small Business Deduction was created as a part of the 2017 tax law to level the playing field between small businesses and larger corporations. It has empowered small business owners to overcome the economic challenges of the last few years – but it’s set to expire at the end of 2025. The Main Street Tax Certainty Act would make the 20% Small Business Deduction permanent and avoid a massive tax hike on a majority of America’s small businesses.

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