Trump Tax-Cut Proposal for Small Construction Businesses is Unclear

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Tax bills for most small construction companies would fall under a broad tax-reform outline unveiled on Sept. 27 by the Trump administration and congressional Republicans. The proposal calls for cutting the corporate tax rate to 20% from 35%. Perhaps most important for small construction firms, the tax rate for pass-through businesses would be limited to 25%. Pass-through entities, such as …

Opinion: Trump Infrastructure Plan Has Roots in Privatized Indiana Toll Road

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President Donald Trump’s $1 trillion plan to rebuild America’s infrastructure may be unprecedented in size and ambition, but it mimics a controversial scheme championed by Vice President Mike Pence when he was the governor of Indiana. That’s why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indiana’s toll road are in …

San Francisco Could Bar Contractors That Bid on Border Wall

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Public discourse over the construction of the Trump Administration’s border wall is rife with disagreement. However, a few elected officials have taken the absurd step to attempt to punish any company that does not share their political values on the subject. Recently, San Francisco County Supervisors joined local policymakers from Berkeley and Oakland and introduced ordinances that would ban construction …

US Chamber Exec: Davis-Bacon Repeal Unlikely in Pursuit of Infrastructure Plan

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Construction industry stakeholders got a jolt when President Donald Trump recently approached what a U.S. Chamber of Commerce official called a “third rail issue” for building trades unions: changes to the Davis-Bacon Act. Trump said in a New York Times interview published April 5 that he was “going to make an announcement in two weeks” regarding Davis-Bacon. The law requires …