Are GOP Senators Wiping Out Tax Breaks For Corporations?
A contradiction in the Senate tax bill appears to weaken some of the very benefits it was introducing for big businesses. But it might not last as lawmakers work out a final bill.
A massive corporate tax cut is at the center of the Republican tax overhaul, in both the House and the Senate bills.
But as lawmakers race to iron out the differences between the two bills, they will have to deal with a wrinkle that could greatly weaken many of the benefits for corporations: the corporate alternative minimum tax. The House bill would scrap it, and the Senate bill would keep it around.
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