Late last week, the GOP tax reform legislation looked to be a done deal after Senator Corker (R-TN) – who has publicly feuded with President Trump and famously compared the West Wing to an “adult daycare center” – announced he would support the tax bill after previously voting against it.
Then, Corker’s sudden change of heart took another surprising turn when it was discovered over the weekend that it came only after new language was inserted that could be worth roughly $1 million to him personally…language which has since been dubbed the “Corker Kickback“.
Now, adding to a scandal that Democrats will undoubtedly attempt to leverage in their last minute efforts to block tax reform, Senator Orrin Hatch (R-UT) admits that he drafted the controversial language that helped flip Corker to a ‘yes’ vote, but his memory is a little more ‘fuzzy’ when it comes to recalling whether or not the provision was already incorporated in previous versions of the bill. Despite Hatch’s insistence that a similar provision was passed in the House version of the GOP’s tax bill, tax experts interviewed by the International Business Times say that’s simply not true:
This post was published at Zero Hedge on Dec 18, 2017.