NFIB President Brad Close Joins KGVO-AM Missoula, Discusses Campaign to Stop Major Tax Hike on Montana Small Businesses

August 16, 2023

NFIB President Brad Close Joins KGVO-AM Missoula, Discusses Campaign to Stop Major Tax Hike on Montana Small Businesses

FOR IMMEDIATE RELEASE Contact: Ronda Wiggers, Montana State Director, rondakwiggers@gmail.com or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org HELENA, Mont., Aug. 16, 2023—Brad Close, President of the National Federation of Independent Business (NFIB), the nation’s leading small business trade association, joined Peter Christian on KGVO-AM in Missoula, Montana, yesterday, to discuss why Congress needs to pass the Main Street Tax Certainty Act, make the Small Business Deduction permanent, and help stop the largest tax hike on small businesses in Montana. Listen to the interview here. “If Congress takes no action, the 20% Small Business Deduction will expire in 2025, imposing a massive tax hike on a majority of America’s small businesses,” said Close. “While Members of Congress are back in their states and districts in August, small business owners want them to understand the importance of making the 20% Small Business Deduction permanent.” The 20% Small Business Deduction (Section 199A) allows small businesses organized as pass-throughs (S corporations, LLCs, sole proprietorships, or partnerships) the ability to deduct up to 20% of qualified business income and is scheduled to expire in 2025. The Small Business Deduction was created in the 2017 tax law to bring small businesses’ tax rates closer to that of their large, corporate competitors. In a recent NFIB member ballot, 91% of NFIB members said they supported permanently extending the expiring provisions of the 2017 tax law. Learn more at www.SmallBizDeduction.com. Keep up with the latest on Montana small business at www.nfib.com/MT. ### For 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since its founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com. NFIB Montana 406-899-9659 rondakwiggers@gmail.com www.nfib.com/montana Twitter: @NFIB_MT

NFIB President Brad Close