GOP Tax Bill ‘DesignedTo Kneecap Renewable Power In Favor Of Fossil Fuels, Democrats Say

A last-minute modification slipped in by Sen. John Cornyn (R-Texas) provides an additional tax deduction to buyers in power-related master limited partnerships, which are investment automobiles primarily used by oil and gasoline pipeline coal Gasification builders. Sixteen federal lawmakers 13 Republicans and three Democrats own combined stakes totaling between $4.6 million and $10.6 million in firms that might profit from the supply, in line with an investigation by International Business Instances.

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