Long Island Iced Tea Rides the Coattails of Bitcoin to Paper Riches: DealBook Briefing [The New York Times]
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Source: The New York Times
More from Tory Newmyer of the WaPo: Long before congressional tax writers began detailing their proposals, the industry groups helped recruit 22 House Republicans to write to House Ways and Means Committee Chairman Kevin Brady (R-Tex.). Their June 13 letter, spearheaded on the Hill by Rep. Richard Hudson (R-N.C.), urged the panel not to “arbitrarily punish investors in real estate, venture capital, private equity and other partnerships.” The tax package, they wrote, needed to bolster “long-term investment in American companies.” Twenty-two lawmakers in the House — and the support of Representative Kevin Brady of Texas, who was a primary writer of the House legislation, was enough to potentially block that chamber’s bill. — Michael J. de la Merced Photo President Trump celebrated the passage of the tax overhaul on Wednesday with members of Congress outside the White House. Credit Doug Mills/The New York Times A merry “Taxmas,” but w
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