Construction Groups Criticize Obama Corporate Tax Plan.

The article reports on the criticism from the construction industry group to the administration of the U.S. President Barack Obama over his plans to overhaul the corporate tax system. They claimed that the plan would not help small businesses that are prevalent in the construction and design industries. It notes that the proposal issued by administration officials on February 22, 2013 will trim the corporate rate to 28% from 35% and make permanent tax credits for renewable energy and research.