Find Real Estate Agents and Homes for Sale


Real Estate News --> Tennessee News

Republicans defend Tennessee senator as Democrats assail ‘Corker kickback’


Bob Corker’s defense Monday, rejecting a report that the Tennessee lawmaker stealthily tucked a provision ... about the “Corker kickback” and argued the tax benefit for real estate developers boosts the wealthy – President Trump, his son-in-law ...


Archived Story

Democrats say a tax benefit for real estate developers helps out the wealthy, including SenBob Corker By MATTHEW DALYAssociated Press Share Read Article WASHINGTON —Republicans rallied to SenBob Corker’s defense Monday, rejecting a report that the Tennessee lawmaker stealthily tucked a provision into the massive tax package to benefit himself financially and then reversed course to back the bill. Democrats were unrelenting as they howled about the “Corker kickback” and argued the tax benefit for real estate developers boosts the wealthy – President Trump, his son-in-law, Jared Kushner, and Corker among them – at the expense of average Americans SenBob Corker Search photos available for purchase: Photo Store ? In a letter on Monday, the Republican chairman of the Senate Finance Committee said that he – not Corker – was the author of the provision and that it was hardly a brand-new creation dropped into the final version of the bill SenOrrin Hatch, R-Utah, outlined the legislative path for the provision, starting with its unveiling Nov2 by his House counterpart, Ways and Means Chairman Kevin Brady, R-Texas. Calling himself “disgusted,” Hatch said it was “categorically false” that the provision was “airdropped” into the bill and Corker was responsible. “It takes a great deal of imagination – and likely no small amount of partisanship – to argue that a provision that has been public for over a month,” debated on the House floor and included in a House-passed bill “is somehow a covert and last-minute addition to the conference report,” Hatch said. Corker said in a statement late Sunday that “he is not a member of the tax-writing committee and had no involvement in crafting the legislation.” Corker said he requested no specific tax provisions throughout the monthslong debate and had no knowledge of the real estate provision in questionHe pressed Hatch for details on the process, prompting the chairman’s letter hours later. A story in the International Business Times, an online publication, said Corker “suddenly switched his vote to yes” after Republican leaders added the provision, which could boost Corker’s real estate incomeThe story was co-written by David Sirota, a former Democratic political strategist who has worked for former Montana GovBrian Schweitzer, a Democrat, and SenBernie Sanders, I-Vt. House and Senate negotiators finalized the tax bill last week and included a version of the provision to benefit the real estate industry. Share Read or Post Comments Send questions/comments to the editors Want the news vital to Maine? Our daily headlines email is delivered each morning Email* Newsletter Choices* Daily Headlines and Evening Express Breaking News Business Headlines Maine Cannabis Report High School Sports Real Estate * I understand the Terms of Service EmailThis field is for validation purposes and should be left unchanged. This iframe contains the logic required to handle Ajax powered Gravity Forms. jQuery(document).ready(function($){gformInitSpinner( 249, 'http://www.pressherald.com/wp-content/plugins/gravityforms/images/spinner.gif' );jQuery('#gform_ajax_frame_249').load( function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_249');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_249').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;if(is_form){jQuery('#gform_wrapper_249').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_249').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_249').removeClass('gform_validation_error');}setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery('#gform_wrapper_249').offset().top); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_249').val();gformInitSpinner( 249, 'http://www.pressherald.com/wp-content/plugins/gravityforms/images/spinner.gif' );jQuery(document).trigger('gform_page_loaded', [249, current_page]);window['gf_submitting_249'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_249').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_249').offset().top);jQuery(document).trigger('gform_confirmation_loaded', [249]);window['gf_submitting_249'] = false;}, 50);}else{jQuery('#gform_249').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [249, current_page]);} );} ); if(typeof gf_global == 'undefined') var gf_global = {"gf_currency_config":{"name":"U.SDollar","symbol_left":"$","symbol_right":"","symbol_padding":"","thousand_separator":",","decimal_separator":".","decimals":2},"base_url":"http:\/\/www.pressherald.com\/wp-content\/plugins\/gravityforms","number_formats":[],"spinnerUrl":"http:\/\/www.pressherald.com\/wp-content\/plugins\/gravityforms\/images\/spinner.gif"};jQuery(document).bind('gform_post_render', function(event, formId, currentPage){if(formId == 249) {if(typeof Placeholders != 'undefined'){ Placeholders.enable(); }} } );jQuery(document).bind('gform_post_conditional_logic', function(event, formId, fields, isInit){} ); jQuery(document).ready(function(){jQuery(document).trigger('gform_post_render', [249, 1]) } ); Here at MaineToday Media we value our readers and are committed to growing our community by encouraging you to add to the discussion To ensure conscientious dialogue we have implemented a strict no-bullying policyTo participate, you must follow our Terms of UseClick here to flag and report a comment that violates our terms of use.

Trending Tennessee News:


  • Tiny homes haven’t caught on in the Mid-South yet, but one tiny house builder has big plans
  • Tennessee editorial roundup
  • Signature Homes Proposes Development Expansion in Mt. Juliet, Tenn.
  • PARIS TN: Back Alley Paris project to open Windows of the West Alley
  • Toyota Boshoku Tennessee, LLC Expanding In Jackson
  • The real estate philosophy that worked for me
  • Dolly Parton gives millions to Tennessee wildfire victims
  • 260 miles, 5 stolen vehicles, 2 robbed homes: How fugitives stayed on the run
  • Drug drop-off program now statewide
  • Tennessee Reconnect Information Session Is April 7
  • Surprises found in major renovation of Tennessee State Capitol
  • PARIS TN: Labor of love: Church of Christ house painting ministry returns
  • WIN Home Inspection Announces Development Plans for Tennessee
  • Cleanup Continues After Middle TN Tornadoes
  • Serving Tennessee’s seniors – Grants awarded to 121 organizations
  • Cookeville, TN Homes For Sale & Real Estate
  • Tennessee 2nd-Quarter 2016 Home Sales, Median Price Rise 7.4%; Inventory Drops 27.9% In June
  • Rise Biscuits takes on Tennessee
  • Is Tennessee the favorite to land WR Javonta Payton?
  • Parks Nashville Homes Tennessee Real Estate Search