Blog 2.6

1. What problem did General Electric have with the version of the tax reform bill passed by the House of Reps?
It could cost the company more than 1 billion dollars in new taxes.

2. How is the Senate version different than the House version of this tax reform bill regarding the provision GE was worried about?
The senate version would allow the company to factor in losses when calculating its tax liability.

3. How do foreign owned airlines and Delta want the tax bill to be different?
They are fighting for a provision that would make pay taxes earned on U.S. flights in certain cases.

5. What will happen to the bill after it is debated and voted on in the Senate?
It will be merged with the House bill and sent to the White House.

6. What problem do real estate company lobbyists have with the House version of this tax bill?
They do not like that it will make home buying less effective and weaken the housing market.

7. Who does the Build Coalition represent?
They protect corporate interest provision, and represent telecommunications, agriculture, and manufacturing industries.

8. How will the tax rate on corporations be changed under the House version of the bill?
It will be slashed from 35% to 20%.

9. What does the Not One Penny interest group advocate for?
Not One Penny advocates for the opposition of tax cuts on the rich.

10. What interest group tactic have MoveOn, Tax March, and the Working Families Party been using
to advocate against this reform?
They have been using litigation mainly but also some grassroots tactics.

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