Arlington, VA – The National Waste & Recycling Association (NWRA) joined with other trade associations on a letter to Senator Steve Daines (R-MT) in support of the Main Street Tax Certainty Act of 2023, legislation he introduced to make permanent the 20% deduction for small and individually-owned businesses.
“We thank Senator Daines for his leadership on this issue,” said NWRA President and CEO Darrell Smith. “Many of our member companies are small businesses that rely on the Section 199A deduction to remain competitive. We urge Congress to make this provision permanent.”
Making the Section 199A deduction permanent will help Main Street during this very difficult time, leading to higher economic growth and more employment. Separate studies by economists Barro and Furman, the American Action Forum, and DeBacker and Kasher found that making the pass-through deduction permanent would result in significantly improved parity and lower rates for Main Street businesses.
The National Waste & Recycling Association (NWRA) represents the private sector waste and recycling services industry. Association members conduct business in all 50 states and include companies that manage waste, recycling and medical waste, equipment manufacturers and distributors, and a variety of other service providers. For more information about NWRA, please visit www.wasterecycling.org.