PHCC Letter-Writing Campaign Pays Off - President Obama Signs 3 Percent Withholding Tax Repeal, by Peggy Hall, EVP, PHCC of California
Submitted by PHCCcali_admin on Thu, 12/15/2011 - 11:10am
President Obama’s signature on Nov. 21 makes it official— the 3 percent withholding tax repeal as advocated by PHCC has been signed into law. Following unanimous support in both the House and Senate, the tax (which was originally intended to identify businesses delinquent on their taxes) by local, state and federal governments on contractors has been eliminated. The bill also offers tax credits to employers who hire veterans. Congratulations to all PHCC members, and special thanks to those who participated in PHCC National’s grassroots campaign, which included more than 1,000 letters sent to Congress from PHCC members.
