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Analysis

Trump, House Tax Plans Clash On How To Treat Biz Expenses

By Vidya Kauri (June 8, 2017, 10:31 PM EDT) -- A lack of consensus between the Trump administration and House Republicans on whether to maintain the interest expense deduction or to allow the full expensing of capital investments presents yet another barrier to comprehensive tax reform, and experts warn that it would be economically unwise to have the two plans coexist....

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