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READ: Main Street Victory: Small Business Tax Deduction Spurs Arizona’s Economic Growth

READ: Main Street Victory: Small Business Tax Deduction Spurs Arizona’s Economic Growth

October 10, 2025

NFIB State Director Chad Heinrich highlights how making the Small Business Deduction permanent will benefit Main Street in the Phoenix Business Journal.

PHOENIX (Oct. 10, 2025) – In a column for the Phoenix Business Journal, NFIB State Director Chad Heinrich highlighted how making the 20% Small Business Tax Deduction permanent will benefit the Arizona economy.

An NFIB-commissioned study by EY found that the Small Business Tax Deduction will increase Arizona’s economic activity by more than $1.4 billion annually, resulting in the creation of 26,000 jobs each year,” Heinrich wrote. “That means more good-paying jobs for hardworking Arizonans.”

CLICK HERE to read the full op-ed. Excerpts are below:

Main Street Victory: Small Business Tax Deduction Spurs Arizona’s Economic Growth

Phoenix Business Journal

By: Chad Heinrich

October 9, 2025

In July, Congress and President Trump stopped a massive tax hike scheduled to hit more than 33 million small business owners across the country at the end of 2025.

Making the 20% Small Business Tax Deduction permanent was the crown jewel for Main Street in this year’s new tax law, promoting greater economic prosperity for hardworking Arizonans. […]

Without action by Congress, the Small Business Tax Deduction was set to expire at the end of this year, unlike the tax cuts for large corporations. […]

Making this deduction permanent has been NFIB’s top federal legislative priority for our members for nearly a decade. There’s no question that the long-term tax certainty provided by Congress has made a real difference in the small business economy. […]

An NFIB-commissioned study by EY found that the Small Business Tax Deduction will increase Arizona’s economic activity by more than $1.4 billion annually, resulting in the creation of 26,000 jobs each year. That means more good-paying jobs for hardworking Arizonans. […]

Making the Small Business Deduction permanent was just one of many ways Congress stood up for Main Street in the new tax law. The legislation also permanently extended the 2017 marginal tax rates, preventing what would have been up to a 4% tax hike on small businesses and their employees alike.  […]

On behalf of small business owners who call Arizona home, NFIB thanks Congress and President Trump for standing up on behalf of Main Street employers and workers.

Contact your elected officials now and tell them what making the 20% Small Business Tax Deduction permanent means for your business.

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