Carpenter Events to Protest Employer Tax Fraud in the Construction Industry

Monday, 01 April 2024 18:13

Carpenter Events to Protest Employer Tax Fraud in the Construction Industry Featured

Written by News Release
Rate this item
(0 votes)

Oklahoma City, OK: Carpenters in Oklahoma City are preparing for a Days of Action event to bring attention to the growing problem of employer tax fraud in the construction industry.  Oklahoma Carpenters along with other Carpenters across the United States and Canada will be protesting fraud in the construction industry from April 13-19.

“As the Baltimore Bridge collapse reminds us, our public infrastructure must be repaired. Today it is more important than ever to address the employer tax fraud crisis.” Says EST Kavin E Griffin. Read full story Here

Across the United States, tax fraud committed by construction contractors’ cost state and federal treasuries $10 billion a year. In Oklahoma it is estimated to cost taxpayers $96.3 million every year. [Go here for data on all states]. Moreover, illegal, and low-road employment practices in the construction industry have forced 39 percent of construction worker families to rely on social safety net programs to make ends meet. The nationwide cost is a staggering $28 billion a year. Go here for a selection of state-level reports from UC-Berkeley's Labor Center.


These contractors are taking work away from law-abiding businesses and their employees who pay their workers fairly. Plus, taxpayers are shortchanged of revenue needed to support their community such as first responders and improve schools.

Tax fraud and workers’ compensation premium fraud have reached such alarming levels in the construction industry that the U.S. Department of the Treasury’s Financial Crimes Enforcement Network notified banks, check cashing stores, and other financial institutions that they must report the suspicious transactions of construction contractors.

Carpenter members of the Central South Carpenters Regional Council will be rallying in support of fair employment practices and enforcement of our laws at the following Days of Action event:

Stand Up to Tax Fraud Rally

Scissortail Park at the Love’s Travel Stops Stage

415 S. Robinson Ave., Oklahoma City, OK 73109

April 11, 2024 at 5:00 PM CT.

Please join us at the park and help us tell our community about this damaging employment practice. For additional details on Construction Industry Tax Fraud Days of Action in the U.S. and Canada visit StopTaxFraud.net/StandUp.

Image

Founded in 2012, our goal is to bring you the latest news with a focus on Poteau, LeFlore County and Southeast Oklahoma. So Much More than News - News as it Happens 24/7! FREE