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Senate GOP tax bill would delay biz cut, undo deductions

Denver Post Friday, 10 November 2017 ()
Senate Republicans revealed the details of their sweeping tax legislation Thursday, including a one-year delay in plans for a major corporate tax cut despite strident opposition from the White House and others in their own party. Their bill would leave the prized mortgage interest deduction untouched for homeowners in a concession to the powerful real estate lobby but would ignore a House compromise on the hot-button issue of state and local tax deductions.
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Source: Wochit Headline News - < > Embed

News video: Senate GOP Tax Bill To Deliver

Senate GOP Tax Bill To Deliver "New Jobs" 00:34

As the GOP races to pass President Donald Trump’s top priority before their self-imposed Thanksgiving deadline, Senate Republicans unveiled their tax overhaul plan Thursday. The Senate plan differs in some key ways from the version introduced by the House last week. Its release sets the stage for...

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