STATE:

Why NFIB

Take Action

Get Support

Stay Informed

Podcast Podcast

Careers Careers

Join Now

Home / News / Press Release /

Small Businesses Urge Congress to Pass the Main Street Tax Certainty Act

May 18, 2023

Small Businesses Urge Congress to Pass the Main Street Tax Certainty Act

WASHINGTON, D.C. (May 18, 2023) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, applauds the re-introduction of the Main Street Tax Certainty Act today in the U.S. Senate. Senator Steve Daines (R-MT) re-introduced the important legislation, which will make the Small Business Deduction permanent. “As small businesses manage economic headwinds, Congress has the opportunity to pass legislation that would provide tax certainty for Main Street by making the Small Business Deduction permanent,” said Brad Close, NFIB President. “Unlike the corporate rate, the Small Business Deduction is set to expire in 2025 and its elimination would cause small businesses to curtail their hiring and growth plans. We are encouraged that Senator Steve Daines re-introduced the Main Street Tax Certainty Act in the Senate and urge members of the U.S. House to quickly follow.” The Small Business Deduction (Section 199A) allows pass-through businesses the ability to deduct up to 20% of qualified business income and is scheduled to expire at the end of 2025. The Main Street Tax Certainty Act makes this critical tax deduction permanent for small business owners across the country. “Montana small business owners thank Senator Daines for re-introducing this crucial legislation in the U.S. Senate,” said Ronda Wiggers, NFIB Montana State Director. “The Small Business Deduction has allowed owners to reinvest in their businesses and employees. We urge Congress to pass the Main Street Tax Certainty Act and make the deduction permanent.” According to NFIB’s Problems and Priorities survey, small business owners rank taxes and tax-related issues as a top concern for their business. In a tax survey, nearly half of respondents (48%) reported the uncertainty of expiring tax provisions is impacting their current or future business plans.

Topics:

Taxes

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

March 9, 2026

Illinois Tax Collections Continue to Climb

Year-over-year tax collections in Illinois were up in February

Picture of the U.S. Capitol Dome in Washington, D.C. at sunset

March 9, 2026

West Virginia Small Businesses Endorse U.S. Senator Shelley Moore Capito for Re-Election

March 6, 2026

NFIB Asks Colorado Supreme Court to Protect Small Businesses from Lawsuit Abuse

NFIB filed an amicus brief in the case Public Service of Colorado v. Ross regarding the responsibility of small businesses for damages in wrongful death cases.

March 5, 2026

Colorado Small Business Community Applauds Effort to Eliminate Credit Card Swipe Fees on Sales Taxes

NFIB supports SB 134, which would exclude sales tax from costly swipe fees (also known as interchange fees) charged by credit card networks.

Small Businesses Urge Congress to Pass the Main Street Tax Certainty Act

Related Articles