Duffy Votes To Repeal 3 Percent Withholding Tax

Statement

U.S. Representative Sean Duffy (WI-07) voted in support of House Resolution 674 to repeal the three percent withholding requirement on payments made to contractors doing business with federal state and local government. Rep. Duffy is an original co-sponsor of the bill, which passed with bi-partisan support.

"Removing this tax will restore economic certainty and encourage job creation by eliminating the threat of a substantial new burden on cash strapped employers. Additionally, it would relieve federal, state, and local governments of the need to comply with the significant, unfunded burdens that would be created," Duffy said. "I am encouraged by the overwhelming bipartisan support, and hope that we can continue to work on both sides of the aisle to pursue common sense solutions that encourage economic growth and job creation."

Source