Consequences of Potential Small Business Tax Hike in Texas

NFIB Releases Report Detailing Benefits of 20% Small Business Tax Deduction, Consequences of Potential Small Business Tax Hike in Texas

AUSTIN (April 15, 2025) – NFIB, the nation’s leading small business advocacy organization, released a new report outlining the benefits the 20% Small Business Tax Deduction will bring to Texas if made permanent. The report also spotlights that the 3.3 million small businesses in Texas could face significantly higher taxes if Congress does not make the 20% Small Business Tax Deduction permanent this year. The report outlines the severe consequences for small businesses in Texas and the broader U.S. economy […]