Bush’s Tax Plan Won’t Incl Debt Deduction for Small Biz: Fortune

A source close to Republican presidential contender Jeb Bush’s campaign says the candidate’s tax plan -- which eliminates a deduction for corporate borrowing costs -- will not include an exception for small businesses, Fortune reports.

  • Source says Bush would argue that other provisions — such as full expensing and lower corporate tax rates — would compensate for loss of interest deductions

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