Not claiming some business expenses helps??

I discovered that by NOT deducting a few business expenses, I can increase my IRA deduction and also get a slightly higher refund.  It sounds too good to be true!  Is it?  I know eventually I'll have to pay taxes on the IRA, but presumably by then its growth will more than offset that.  It's not a lot of difference, but including the effect on my state taxes it seems worthwhile, especially if I can find the sweet spot.