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NFIB Weekly News

NFIB Weekly News

NFIB Weekly News Business Climate

New Polling Shows Strong Support for 20% Small Business Tax Deduction (04/07/2025)

WASHINGTON, D.C. (April 7, 2025) – A new poll released today by the National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, shows broad, bipartisan support for America’s small businesses along with overwhelming support for keeping the 20% Small Business Tax Deduction in the tax code.

According to the survey, more than 8 in 10 Americans feel it is important for the federal government to support small businesses, including strong majorities of Republicans, Democrats, and Independents. That support translates to strong agreement (93%) that making the 20% Small Business Tax Deduction permanent should be a top priority for Congress, with nearly all Americans (95%) expressing some concern about the impact an expiration of the deduction would have.

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