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Bob Corker, a Republican Senator from Tennessee, is retiring. He has made a show of criticizing Trump’s agenda, and he was the only Republican to vote against the Senate version of the tax bill, citing deficit concerns. Independent analysis shows the bill would increase the deficit by about $1.5 trillion over 10 years.
That’s why it was inexplicable that Corker announced his support for the legislation that came out of conference. He didn’t try to argue the new bill was any better for the deficit. Or even that there were changes made to the bill that made it more palatable to him. Rather, he just stated that “every bill we consider is imperfect” and he would vote for it.
Corker made his announcement two hours before the text of the tax bill was made public. In the 503-page text was a new provision that was not in the House or Senate legislation. It would specifically benefit real estate investors who operate “pass-through” businesses. This group includes President Trump — and also Bob Corker, who “has millions of dollars of ownership stakes in real-estate related LLCs that could also benefit” from the new provision.
Next we will be made aware of the shocking fact that farm state representatives favor farm subsides, oil, gas and coal rich states favor relaxed environmental standards and that coastal state representatives favor subsidized flood insurance. These federal income tax law changes are definitely owned, for better or for worse, by the republicants just as PPACA was, for better or worse, owned by the demorats.
Favoring legislation that benefits constituents is expected.
Getting something in pending legislation that benefits the Congressman personally in order for him to vote for it is on quite a different level.
Your government at work, diligently protecting their own personal interests.
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In the 503-page text was a new provision that was not in the House or Senate legislation. It would specifically benefit real estate investors who operate “pass-through” businesses. ..........
source
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 floor of the House of Representatives, included in a House-passed bill, and identified by [the Joint Committee on Taxation] as an issue requiring a compromise between conferees is somehow a covert and last-minute addition to the conference report," Hatch wrote to Corker.
Where do the elected representatives come from? Do you expect them all to have held only government jobs? I would much prefer a representative that has a vested interest in the health of the private economy.
Seems the issue isn't as clear as what was purported in your story.
Orrin Hatch 'disgusted' by press reports saying Corker pushed for tax bill change
I would much prefer a representative that has a vested interest in the health of the private economy.
Seems the issue isn't as clear as what was purported in your story.
Orrin Hatch 'disgusted' by press reports saying Corker pushed for tax bill change
Did it get Corker to change his vote or not?
Was the provision in the previous version or not?
Seems like that is the big question and there seems to be conflicting reports about it.
If it wasn't in the previous bill, then I'm right there with you. If it was, this will be just another in a long list of smear articles that are beyond dishonest and dirty.
Corker made his announcement two hours before the text of the tax bill was made public. In the 503-page text was a new provision that was not in the House or Senate legislation. It would specifically benefit real estate investors who operate “pass-through” businesses. This group includes President Trump — and also Bob Corker, who “has millions of dollars of ownership stakes in real-estate related LLCs that could also benefit” from the new provision.
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