In a recent interview with Scripps News Live, NFIB Vice President of Federal Government Relations Jeff Brabant discussed the current challenges faced by small businesses across the country. Brabant emphasized the importance of making the 20% Small Business Deduction permanent and addressing onerous regulations that negatively impact Main Street businesses.
Small business owners’ top concerns are inflation and labor shortages, according to Brabant. He urged candidates to offer proposals on how to combat inflation and support small businesses in securing a workforce. Brabant warned that the expiration of the Small Business Deduction could lead to tax increases for over 90% of small business owners, creating a competitive disadvantage for Main Street businesses compared to their corporate counterparts.
Brabant called for more information from candidates on how they plan to tackle these pressing issues and advocated for a pause on the regulatory state to alleviate the burden on Main Street businesses. In conclusion, Brabant emphasized the need for candidates to address these critical issues to gain support from small business owners in upcoming elections.
The issue of inflation and labor shortages is significant for small business owners, according to NFIB Vice President of Federal Government Relations Jeff Brabant. He highlighted this concern in a recent interview with Scripps News Live, discussing how candidates must address these obstacles if they want to resonate with Main Street voters in upcoming elections.
Brabant also emphasized the importance of making the 20% Small Business Deduction permanent and addressing overly burdensome regulations that affect small businesses. He expressed concerns about an impending tax increase on small business owners if Congress does not take action before January 1, 2026.
To tackle these challenges head-on, Brabant urged candidates to offer proposals on how they plan to combat inflation and secure qualified workers. He also warned that allowing the Small Business Deduction to expire could lead to tax increases for over 90% of small business owners, creating an unfair advantage for large corporations over Main Street businesses.
In conclusion, Brabant called upon candidates for assurances that taxes will not increase for small business owners and advocated for a pause on excessive regulations affecting Main Street businesses. Emphasizing the need for candidates
