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Corker asks how real estate provision ended up in tax bill


gov to launch Senate bid: report McConnell 'almost certain' GOP will pass tax reform Former New Mexico gov: Trump's foreign policy is ... asking how a provision that would potentially benefit real estate owners, including Corker, made it into the final ...


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SenBob CorkerRobert (Bob) Phillips CorkerFormer Dem Tenngov to launch Senate bid: report McConnell 'almost certain' GOP will pass tax reform Former New Mexico gov: Trump's foreign policy is getting 'criticized by everybody' MORE (R-Tenn.) sent a letter on Sunday to SenOrrin HatchOrrin Grant HatchMcConnell names Senate GOP tax conferees Ryan pledges 'entitlement reform' in 2018 Utah governor calls Bannon a 'bigot' after attacks on Romney MORE (R-Utah) asking how a provision that would potentially benefit real estate owners, including Corker, made it into the final version of the Republican tax-reform bill.“Because this issue has raised concerns, I would ask that you provide an explanation of the evolution of this provision and how it made it into the final conference report,” Corker wrote.The International Business Times reported Saturday that a provision added during the reconciliation process allows owners of income-producing real estate to take advantage of a 20 percent deduction for "pass-through" entities. The Senate version of the tax bill included rules that allowed the deduction to be claimed only by businesses that pay their employees significant wages.The provision would potentially benefit Corker and President TrumpDonald John TrumpHouse Democrat slams Donald Trump Jrfor ‘serious case of amnesia’ after testimony Skier Lindsey Vonn: I don’t want to represent Trump at Olympics Poll: 4 in 10 Republicans think senior Trump advisers had improper dealings with Russia MORE, among others.ADVERTISEMENT

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