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Construction firms could face increased taxes, despite no rate hikes for infrastructure plan

August 4, 2021

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How much corporations pay in taxes has received widespread scrutiny this year, as President Joe Biden and congressional lawmakers have considered raising taxes to support new infrastructure funding and other programs.

Construction companies, which stand to directly benefit from that spending perhaps more than any other sector, have nonetheless cried foul at the concept of raising taxes. This series looks at the issues surrounding the U.S. tax rate and the steps contractors take to mitigate their tax burden.

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