Main Street Iowa is powered by entrepreneurs who take risks, reinvest their profits locally, and work tirelessly to keep our economy strong.
For many small business owners, one thing makes a big difference between just staying afloat and growing: certainty. That’s why we passed the Big Beautiful Bill — to lock in the small business deduction and give employers the confidence to invest, expand, and hire.
Zoom out: Tax relief from the 2017 Tax Cuts and Jobs Act was set to expire at the end of this year. Without action, Main Street would have been hit with higher taxes and fewer resources to grow.
Across Iowa, business owners like Johnnie Kennell of Royal Flooring are already seeing the positive impacts of this new law.
🎥 Watch Johnnie break down the key wins ⬇️
Johnnie said it best: predictability matters. With permanent tax relief locked in, his business — and Iowa’s Main Streets — can move forward with plans to grow without Washington sending them a higher tax bill.
Bottom Line: Our bill delivers for small businesses — it’s pro-growth, pro-worker, and recognizes that Iowa’s economy is built on Main Street.