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PROTECT Coalition has launched a digital campaign targeting five key congressional districts: Rep. Joey Arrington (TX 19), Rep. Chip Roy (TX 21), Rep. David Schweikert (AZ 1), Rep. Fitzpatrick (PA 1), Rep. Susie Lee (NV 3). The campaign’s goal is to build support within key member districts to emphasize the importance of extending the 199A provision that was included in Trump’s 2017 Tax Cuts and Jobs Act.
A showdown over taxes is on the horizon, and if Congress doesn’t act, 26 million businesses could see their federal tax rate climb to 43.4%, impacting millions of jobs.
President Trump’s 2017 tax cuts are set to expire by the end of 2025, and the most significant one for businesses is 199A, a 20% deduction for pass-through entities that makes it possible for them to compete on a level playing field with large corporations.
This is why the PROTECT Coalition was assembled – to rally around business owners and organizations who are fighting to preserve 199A and every dream it makes possible.
In a recent hearing on Capitol Hill, West Virginia business owner Michael Ervin was asked how a 43.4% tax rate would potentially impact his business if we do not make 199A permanent.
“Simply put – ultimately, a ‘Closed’ sign would go up in my window, and not only in my window, but on the windows of most of the other businesses on my street if we had to pay that,” Ervin said.
The stakes couldn’t be higher. Protecting 199A isn’t just about helping business owners, it’s about protecting the livelihoods of millions of Americans who depend on them for jobs with good pay and good benefits.
2.6 million jobs are supported by the 199A — resulting in $161 billion of employee compensation, allowing it to expire is a threat to communities across the country. To learn more, visit protectcoalition.com.
