2.6 "Lobbying & Tax Reform"
1. What problem did General Electric have with the version of the tax reform bill passed by the House of Reps? A particular part of the bill would have cost the company a billion dollars. 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 allows GE to use those losses when calculating tax liability. 3. How do foreign owned airlines and Delta want the tax bill to be different? They want the provision eliminated that would require them to pay additional taxes on US flights. 5. What will happen to the bill after it is debated and voted on in the Senate? A compromise bill might be formed and then sent to the Presid...