Construction industry faces highest tax burden, according to US Treasury
from Associated Builders and Contractors, Inc.
Construction shoulders a bigger tax burden than any other industry in the U.S. with an effective rate over 30 percent, according to a new report from the U.S. Department of the Treasury. Associated Builders and Contractors responded to the report by urging lawmakers to pass tax reform that would encourage economic growth by lowering rates for both corporate and pass-through businesses.
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