Some Arizona small business owners are saying economic relief will be a big part of their vote this year, and it could make or break votes in one of the key battleground states.Small businesses play a major role in Arizona’s economy, employing more than 40% of people in the state, according to the Small Business Administration.Chad Heinrich, the State Director for the National Federation of Independent Business(NFIB) – Arizona, said one of the biggest clouds of uncertainty for small business owners this election cycle revolves around the 2017 Tax Cuts and Jobs Act. It was put in place by former president Donald Trump and expires at the end of 2025.WHAT IS A TAX WRITE-OFF? HOW THE DEDUCTIONS IMPACT BUSINESSES TAXABLE INCOME”Not only are small businesses facing a significant tax increase if Congress lets this expire. But Arizona’s economic growth really hinges on Congress acting and making the 20 percent small business deduction permanent,” Heinrich said.More than 500 business groups across the United States are calling on congress and the next administration to keep former president Trump’s tax cuts in place.START YOUR OWN BUSINESS: HOW TO MAKE YOUR SIDE HUSTLE DREAM A REALITYBoth candidates, Trump and Harris have said they plan
