March 25, 2025
Brad Close discusses economic importance of 20% Small Business Deduction
KABC radio’s widely listened to Mottek on Money show once again invited NFIB President Brad Close to give its Los Angeles-area listening audience an update on NFIB’s No. 1 federal priority: keeping the 20% Small Business Deduction from expiring at the end of the year.
“We are urging Congress to do it soon,” said Close in the six-minute interview. “There’s really no need to wait. This is a provision [in the 2027 Tax Cuts and Jobs Act] that has really helped small business owners create new jobs, create new benefits, buy new machinery, expand their business. It’s something they’ve used and will have a huge impact on the economy going forward if it’s made permanent.”
Without making the deduction permanent, 26 million small businesses are facing a huge tax hike, according to Close. Show host Frank Mottek also interviewed Close in September on the Small Business Deduction.
More information is available at Stop the Small Business Tax Hike.

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
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