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THE VOICE OF THE MERIT SHOP

老牛影视is the voice of the merit shop on Capitol Hill! Sending letters to Congress allows 老牛影视to publicly advocate for the views and interests of our more than 23,000 members. By corresponding with U.S. House of Representatives and Senate members, 老牛影视promotes fair and open competition in the construction industry and fights to protect merit shop contractors around the country.

老牛影视Highlights IRA Tax Credit Concerns for Ways and Means Hearing

On April 19, the House Ways and Means Committee held a hearing on 鈥淭he U.S. Tax Code Subsidizing Green Corporate Handouts and the Chinese Communist Party.鈥� The hearing focused on the tax breaks included in the partisan Inflation Reduction Act that was passed through the reconciliation process last Congress. The committee highlighted the tax credits increased expected cost to taxpayers, and the ability of foreign countries, including China, and larger corporations to benefit from these tax credits at the expense of taxpayers and smaller businesses throughout the country. Reports have indicated that Republicans in the House are considering a repeal of these tax credits as part of the negotiations surrounding the debt limit.

老牛影视submitted comments to the committee highlighting concerns with the IRA energy tax credits and the 鈥渂onus rate鈥� tied to prevailing age and registered apprenticeships requirements. 老牛影视believes that repealing these ill-advised tax credits will not only save taxpayer dollars but will also give Congress a new opportunity to work toward bipartisan energy incentivizes to unleash America鈥檚 potential and allow our entire qualified construction workforce to meaningfully participate in critical projects across the country.