US House repeals law withholding contractors’ taxes

posted by
October 27, 2011
Fox News    
Posted in News, PND News

"In a rare show of unity in a bitterly partisan year, the House voted overwhelmingly Thursday to repeal a law requiring federal, state and local governments to withhold 3 percent of what contractors are owed until they pay their taxes. Federal investigators have found tens of thousands of contractors who owe billions of dollars to the U.S. government. The 5-year-old statute was designed to force scofflaws who perform government work to pay up." (10/27/11)

http://tinyurl.com/3thcb5z  

Our Sponsors