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93% Support Permanent Small Business Tax Cuts, Says Ernst

4/8/2025

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Summary

Story summary

Chair Joni Ernst (R-Iowa) urged for the permanent establishment of the Tax Cuts and Jobs Act (TCJA) at a congressional hearing.
The TCJA has driven job creation and economic growth, particularly benefiting small businesses.
A recent poll indicates 93% of Americans favor making the 20% Small Business Tax Deduction permanent.
Small business owners worry that tax increases and expiring provisions could stifle growth and investment.

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Story summary

Chair Joni Ernst (R-Iowa) urged for the permanent establishment of the Tax Cuts and Jobs Act (TCJA) at a congressional hearing.
The TCJA has driven job creation and economic growth, particularly benefiting small businesses.
A recent poll indicates 93% of Americans favor making the 20% Small Business Tax Deduction permanent.
Small business owners worry that tax increases and expiring provisions could stifle growth and investment.