The GOP senator's chief of staff has been investing in real estate LLCs that could get new tax cuts under controversial last-minute provision.
Orrin Hatch argued that the tax break was already in the House version of the tax bill. Experts disagree.
In response to IBT’s investigation, the GOP senator is pressing his party for answers about the provision, which could enrich Corker and other GOP lawmakers. Corker also said the provision was in the House version of the bill, a claim experts disputed.
In a series of telephone calls with IBT, GOP senator denies knowledge of a key provision that could enrich him.
President Donald Trump has made tens of millions of dollars of rental income that could be subjected to a special new tax break in the Republicans’ tax legislation released Friday.
The new tax break — slipped into the final bill — specifically benefits people who own large real estate holdings through LLCs and partnerships, experts said.
Critics of the Republican tax bill charge that the legislation was crafted by lobbyists. But what does that really mean? A lobbying expert breaks down the lobbying sector and its influence.
House Speaker Paul Ryan and 12 other Republicans are crafting tax provisions that could end up making them big money.
GOP’s middle-of-the-night tax break for oil and gas investors would benefit some of the Republican Party’s wealthiest legislators
Following an IBT report on payday lenders' campaign donations to Mick Mulvaney, two Democratic senators —and possible presidential candidates — called out the acting CFPB director's conflicts of interest.
Kansas GOP Sen. Pat Roberts represents Koch Industries home state in Congress — and pushed to let the billionaire brothers write off their donations to secretive political groups.
A last-minute provision would give the GOP’s fossil-fuel donors a new tax break.
The Senate tax bill would keep the carried interest loophole and also allow some hedge fund and private equity managers to claim a new deduction. Backing the bill? GOP senators who benefited from campaign donations from Stephen Schwarzman, who heads the world’s largest private equity fund.
The Charles Koch Institute shared a Facebook post bemoaning subsidies to the farmers who bring you Thanksgiving. But Koch Industries has received $400 million in government handouts in the last decade.
In a 2014 hearing, Mick Mulvaney hoped for the "continued viability and availability" of controversial payday and installment loans. Now Mulvaney might be in charge of policing those same products.
Current Chief of Staff Doug Friednash came to the Colorado governor's office from lobbying firm Brownstein Hyatt Farber Schreck. The governor's office hired BHFS to work on the state's behalf. On Monday, it was announced Friednash was heading back to his old firm.
Congressional staffers, lobbyists and think tank employees will get together for an annual D.C. tradition imbued with extra significance this year: the Tax Foundation’s gala, brought to you by 61 corporations interested in seeing their tax bills reduced.
The conservative mega-donor has stepped down as leader of his $97 billion hedge fund, but he already made big investments in President Donald Trump.
Manhattan DA Cyrus Vance Jr. commissioned an “independent” review of his own campaign finances. The group he chose has been bankrolled by Kroll Associates, the firm hired to investigate Harvey Weinstein’s accusers.
Ed Gillespie, the Republican nominee for governor, has longstanding ties to the Koch brothers who have directed millions of dollars into efforts to elect him.