Sunflower State News

A recent poll by the National Federation of Independent Business (NFIB), a leading advocate for small businesses in Kansas, indicates a strong bipartisan backing for small businesses in the United States. The survey underscores significant support for maintaining the 20% Small Business Tax Deduction, originally part of the 2017 Tax Cuts and Jobs Act (TCJA).

The findings reveal that over 80% of Americans believe it is crucial for the federal government to back small businesses. This includes a majority of Republicans, Democrats, and Independents. The widespread agreement is demonstrated by 93% of those surveyed advocating for Congress to make the 20% tax deduction permanent, with 95% expressing concern over the potential effects if the deduction expires.

NFIB President Brad Close highlighted the poll's implications: "This research reinforces the high stakes of this Congressional tax debate. Americans recognize the immense value of the 20% Small Business Tax Deduction and are concerned about the devastating consequences should Congress fail to act. NFIB strongly urges Congress to make the deduction permanent and deliver the certainty that small businesses need to continue to grow, hire, and give back to their communities.”

Dan Murray, NFIB Kansas State Director, added, "Kansans value their small businesses as key contributors to our economy. We urge Congress to ensure the 20% Small Business Tax Deduction remains in place to support main streets throughout Kansas growth and success."

According to the survey, the expiring deduction has wide support among the public. Sixty-two percent want to keep it in the tax code, and 77% agree it helps small businesses by leveling the playing field with larger corporations. Additionally, 91% believe small businesses depend on it, and 75% think it positively impacts their local economy.

Potential expiration in 2025 could lead to significant tax increases for about 90% of small businesses, affecting their capacity to expand and offer wage raises. The survey polled 2,000 American voters, including an oversample of 500 small business owners, and was conducted by Seven Letter Insight from March 21 to March 25, 2025.