We’ve been telling you about particular political favors hidden all through the Democratic spending invoice—subsidies for the press corps, the trial bar and inexperienced vitality. However the largest single winner could also be Large Labor, and one egregious instance is the wage mandate for contractors that might lock out small enterprise.
The Construct Again Higher Act the Home handed final month contains $555 billion in grants, credit and deductions for green-energy initiatives. It additionally has necessities for any contractor hoping to line up for that money. Take the tax deduction for retrofitting industrial and house buildings. To qualify for a job putting in environment friendly lighting or home windows, contractors should pay workers the “prevailing charges.”