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LISTEN: Making the 20% Small Business Deduction Permanent Was ‘Crown Jewel’ for Main Street in One Big Beautiful Bill Act

LISTEN: Making the 20% Small Business Deduction Permanent Was ‘Crown Jewel’ for Main Street in One Big Beautiful Bill Act

July 29, 2025

NFIB’s Chad Heinrich appears on Winn Tucson to discuss small business victories achieved in the One Big Beautiful Bill Act.

PHOENIX (July 29, 2025) – With the One Big Beautiful Bill Act signed into law, NFIB State Director Chad Heinrich appeared on Winn Tucson with NFIB member Katheen Winn to discuss the victories NFIB achieved on behalf of Main Street, including making the 20% Small Business Deduction permanent.

CLICK HERE to listen to the full conversation. Excerpts are below.

One of the most important provisions for Main Street business owners in Arizona and across the country is the 20% Small Business Deduction, which was set to expire at the end of 2025, but was made permanent with the signature of the One Big Beautiful Bill Act, Heinrich said.

“For small businesses, the crown jewel in the Big Beautiful Bill was the 20% Small Business Deduction, and that being permanent now in the law. That was our top priority in that piece of legislation.”

Heinrich talked about what the economic cost would have been for Arizonans had the 20% Small Business Deduction not been made permanent.

“You can imagine, businesses small to large, that are independently owned, your mom-and-pop shops, if that [the 20% Small Business Deduction] were to go away, there’s another 20% of your income that’s now taxed. It would have been a significant tax increase for Arizonans; some estimates show an over $3 billion tax increase in Arizona alone. And this would have cost tens of thousands of jobs every year for the next decade.”

Finally, Heinrich discussed how making the 20% Small Business Deduction permanent was the top federal legislative priority for NFIB.

“As an organization, making the 20% Small Business Deduction permanent has been our top priority for several years. That involved an all-hands-on-deck, every avenue you can imagine, national campaign to make lawmakers aware of the impact of not doing it, and the importance of making the Small Business Deduction permanent. That looked like TV, radio, and social media advertisements. Our grassroots efforts; we had several thousand members in every state of the country who were reaching out to their elected officials and making sure that they understood from an individual business perspective how it would impact their business if they didn’t act to make it permanent.”

CLICK HERE to listen to the full conversation.

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