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News Sept. 8, 2021

NRCA issues Action Alert regarding historic tax hikes

Congress has taken the first step toward enacting one of the largest tax increases ever considered. The budget resolution passed by both chambers late this summer is paving the way for trillions of dollars in new federal spending combined with nearly $2 trillion in tax hikes.

These tax hikes are being marketed as “modest” and a “middle ground.” For roofing industry employers, they could be detrimental. They would raise taxes on your business when you earn a profit, when you try to sell it and when you pass it on to the next generation. This triple threat endangers the ability of companies such as yours to compete and survive.

NRCA urges all members to reach out to their members of Congress to oppose the historic tax hikes.

For more information and to take action and email your legislators, visit the NRCA Grassroots Advocacy Network at roofingadvocacy.nrca.net.

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