Associated General Contractor of America (AGC) has launched the Coalition for Fair Effective Tax Rates to bring tax relief to the construction sector. “That relief can't come soon enough as the hard-hit construction industry pays an effective corporate tax rate of 31%, the highest level in the economy and more than double the rate some sectors pay, according to the most recent analysis by the U.S. Department of the Treasury,” says AGC Chief Executive Officer Stephen E. Sandherr.
(http://www.agc.org/cs/news_media/press_room/press_release?pressrelease.id=1371)
Related Stories
Codes and Standards | Feb 16, 2021
Feds may fund removal of some urban highways
Senate bill proposes pilot program to reknit communities.
Codes and Standards | Feb 16, 2021
Bechtel joins international heat resilience organization
Experience designing resilience standards to aid effort to protect communities from extreme heat.
Codes and Standards | Feb 10, 2021
More than two-thirds of construction companies say COVID-19 has not impacted their ESOP
Half of survey respondents say 2020 project profitability decreased due to pandemic.
Codes and Standards | Feb 9, 2021
New Jersey approves new electric vehicle-ready home requirement
Homebuyers must be given option for charging station on new construction.
Codes and Standards | Feb 9, 2021
New California law removes barriers to residential development
Measure removes restrictions for ADUs in urban areas and master planned communities.
Codes and Standards | Feb 8, 2021
Alliance yields more accurate data for rating and certifying systems of construction materials
Crosswalk API offers trusted format to specify and procure healthier products.
Codes and Standards | Feb 4, 2021
2021 IBC requires automatic doors for entrances to public buildings
One door must be either a full power-operated door or a low-energy power-operated door.
Codes and Standards | Feb 3, 2021
Two new International Code Council online code tools released
Offer detailed information about global building code usage and U.S. adoptions.
Codes and Standards | Feb 2, 2021
Biden tells OSHA to bolster COVID-19 safety rules
Order could lead to a national playbook for fighting COVID-19 on jobsites.
Codes and Standards | Feb 1, 2021
Fenestration Alliance updates standard for mulled combination assemblies
Last updated in 2010, document describes procedures and requirements for air leakage, water resistance, and structural performance.
