AED Applauds Repeal of Withholding Tax
"AED applauds the repeal of the burdensome 3 percent government contractor withholding tax. The elimination of this onerous law ensures that companies working with government entities are not punished by increased contract administration costs that did nothing to help the federal budget.
The bipartisan push to repeal this law shows the positive consequences of putting politics and partisanship aside to focus on economic prosperity. AED looks forward to working with Congress and the president to maintain a focus on long-term growth and promoting economic certainty for our nation's job creators."