Extending The Section 199A Qualified Business Income Deduction
WHAT WE WILL DO
Unite small, medium, and large enterprises across a variety of sectors that oppose the expiration of the Section 199A Qualified Business Income (QBI) deduction.
WHY WE DO IT
The sunset of TCJA’s marginal income tax rates and the Section 199A deduction would dramatically increase the tax rate for passthrough income by one-third to 39.6% in 2026.
HOW WE WILL DO IT
PROTECT will educate stakeholders on the need to extend and make permanent the Section 199A deduction by demonstrating the positive impact that Section 199A has had on the success of passthrough businesses of all industries and sizes and its impact on the U.S. economy.