Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- Value of Health IT
Shows & Panels
Analysis: Repeal of tax withholding law good news for both industry, government
Thursday - 10/27/2011, 4:24pm EDT
The law would have raised $11 billion in revenue over the next decade, according to Congress' Joint Committee on Taxation. But repeal has received bipartisan support because lawmakers view the money contractors keep as a potential job creator.
The repeal "not only keeps cash flow going to companies but avoids agencies having to spend millions of dollars to develop their own internal systems to comply with the withholding requirement," Chvotkin said.
The original intent of the law does not address a fundamental issue, which is, he said, "how do you make sure that contractors are paying their fair share of taxes?"