NFIB Releases New Ad Urging Congress to Stop Massive Tax Hike on Small Businesses in Maryland

August 15, 2024

Ads in Maryland are NFIB’s Latest Effort Calling on Congress to Make The 20% Small Business Deduction Permanent

NFIB Releases New Ad Urging Congress to Stop Massive Tax Hike on Small Businesses in Maryland

NFIB released a new radio ad in Maryland 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 to make the 20% Small Business Deduction permanent. Listen to the 30-second Maryland radio ad here: “Maryland small businesses simply can’t afford a 20% tax increase right now, and that’s why small businesses throughout the state are calling on Congress to pass the Main Street Tax Certainty Act,” said Mike O’Halloran, NFIB Maryland State Director. “By making the Small Business Deduction permanent, small businesses will avoid a massive tax hike at a time when uncertainty is high, and optimism is low.” “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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Uncategorized

State:

Maryland

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