The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the Senate’s decision to proceed with a vote to repeal the 3 percent tax withholding mandate:
“It is encouraging that an overwhelming majority of Senators understand the urgent need for a vote to repeal the 3 percent tax withholding mandate. Construction employers across the country tell us that this new tax withholding measure will force them to cut staff, scale back equipment purchases and charge more to complete publicly-funded construction projects. We hope the members of the Senate will keep the legislation clean of amendments that might delay final passage. Instead, Senators should follow the president’s advice and work in a bipartisan manner to repeal this punishing tax mandate.” Read More.