Making the 20% Small Business Deduction permanent is NFIB’s top advocacy priority in 2025. On Jan. 23, Sen. Steve Daines (MT) and Rep. Lloyd Smucker (PA-11) reintroduced the Main Street Tax Certainty Act, which would stop a massive tax hike on Main Street scheduled to happen at the end of this year.

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. If Congress fails to act, taxes will increase on over 30 million small businesses at the end of 2025.

An economic impact report conducted by EY (Ernst & Young) found that permanently extending the deduction would create 1.2 million new jobs each year for the first ten years and 2.4 million annually every year thereafter. It would also result in a $750 billion GDP increase in the small business sector over the first ten years and a $150 billion increase annually after that.

Visit NFIB’s website for more information on the status of the 20% Small Business Deduction.

Help amplify the efforts of NFIB members meetings next week by flooding Congress with personalized emails. Reinforcing their message with your own personalized story on issues impacting your small business will add urgency to the message.