Topics:
August 1, 2024 Last Edit: June 5, 2025
NFIB State Director Jason Espinoza discusses the importance of stopping the small business tax hike on the TJ Trout Show.
Listen: NFIB New Mexico Tells Congress to Stop the Small Business Tax Hike on KKOB
CLICK HERE TO STOP THE SMALL BUSINESS TAX HIKE!
When asked about what the small business community wants to see from Santa Fe, Espinoza urged lawmakers to stop the mandate madness and not increase Main Street’s costs. “One of the things when we talk about small business in Santa Fe, it’s about building certainty. When we see inflation and cost of living increase, we don’t want any additional mandates on business in New Mexico. In the past few years, we’ve seen proposals increasing the minimum wage, paid family and medical leave, all that does is push up costs and so that adds uncertainty to the business environment.”Espinoza also highlighted the importance of making the 20% Small Business Deduction permanent.
“When we look at inflation, finding qualified workers and how hard that is, even on the national level, with the pending in 2025 the loss of the 20% Small Business Deduction, I mean that’s potentially a 20% tax increase on small business owners. So a lot of uncertainty across the board.” CLICK HERE to listen to the full conversation.
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles
Related
May 20, 2026
Post-Primary Comment on the Defeat of Measure 120
Voters send clear message: State government should live within its means
Read More
Related
May 20, 2026
NFIB on C-SPAN: How Small Businesses are Managing Economic Pressures
A discussion on C-SPAN featuring an NFIB expert covers the current state of the small business economy and the top issues that are impacting Main Street.
Read More
Related
May 19, 2026
Small Businesses Encouraged by Introduction of Ohio Gas Tax Reduction
House Bill 850 proposes an immediate 50% reduction for three months.
Read More
Related
May 19, 2026
VIDEO: NFIB’s Josh McLeod Discusses Top Small Business Issues on C-SPAN
WASHINGTON, D.C. (May 19, 2026) – NFIB Director of Federal Government Relations Josh McLeod joined C-SPAN’s Washington Journal on Monday to discuss the current…
Read More