LANSING – The National Federation of Independent Business (NFIB), Michigan’s leading small business advocacy organization, has released two new digital tools to help small business owners, policymakers, and the public in Michigan understand the significant economic impact of the 20% Small Business Tax Deduction and what’s at stake if Congress fails to make it permanent.
The new tools include an interactive map that allows users to explore how extending the Small Business Deduction would power job creation and GDP growth in every congressional district across Michigan. NFIB also launched a tax calculator to provide small business owners in Michigan with personalized estimates of how much more they could owe in federal income taxes in 2026 if the deduction expires.
View the interactive map here and the calculator here.
“These new tools are a resource for both small business owners and elected leaders to see the economic stakes of making the Small Business Deduction permanent,” said NFIB Michigan State Director Amanda Fisher. “If Congress fails to act, millions of small businesses nationwide – including right here in Michigan – will face a massive tax hike. That results in fewer jobs, less investment, and slower growth for our communities. We urge Congress to make the 20% Small Business Deduction permanent and applaud the U.S. House for passing the One Big Beautiful Act this morning, one of the most pro-small business pieces of legislation in recent history.”
ll businesses nationwide – including right here in Michigan – will face a massive tax hike. That results in fewer jobs, less investment, and slower growth for our communities. We urge Congress to make the 20% Small Business Deduction permanent and applaud the U.S. House for passing the One Big Beautiful Act this morning, one of the most pro-small business pieces of legislation in recent history.”
According to NFIB’s interactive map, if the deduction is extended, Michigan could see an increase of 71,310 jobs and $3,961,000,000 in GDP over the next decade. The district-level data allow lawmakers and local leaders to understand exactly how small businesses in their communities stand to gain when the tax deduction is made permanent — or lose if it is not.
The tax calculator helps individual small business owners project their potential tax increase if the deduction is not extended. For example, a Michigan small business owner with a personal income of $75,000 and qualified business income of $150,000 could see a tax increase of more than $13,000, depending on their full financial profile.
To explore the tools and learn more about how NFIB is working to protect Michigan’s small businesses, visit: www.SmallBusinessDeduction.com.
