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Published on 27 Feb 2017
Feb.27
-- Debate over a border-adjustment tax is consuming Washington, but
another, less-discussed proposal in House Speaker Paul Ryan’s tax plan
stands a better chance of being included in a GOP overhaul bill. The
measure would force companies to include the interest they pay on loans
in their taxable income. That could pit financial services firms such as
banks and insurers that have been promised relief from the proposal
against private equity firms, which rely on leverage and wouldn’t get
special treatment. Bloomberg's Sahil Kapur reports on "Bloomberg
Markets."
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