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NFIB Iowa Members Urge D.C. Lawmakers to Make Small Business Deduction Permanent

NFIB Iowa Members Urge D.C. Lawmakers to Make Small Business Deduction Permanent

September 30, 2024

NFIB Iowa Members Urge D.C. Lawmakers to Make Small Business Deduction Permanent

NFIB Iowa Leadership Council members Lana Pol and Marcie Strouse recently visited Washington, D.C., to urge lawmakers to make the 20% Small Business Deduction permanent.  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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