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'Revenge tax' in spending bill divides US Senate Republicans

By Zack Budryk and Bradley Dress ( June 11, 2025, 18:59 GMT | Comment) -- A provision of the sweeping Republican spending and tax cut bill that would tax investments by foreign-owned firms is dividing the Senate GOP caucus, potentially putting its inclusion in the final package at risk. A provision of the sweeping Republican spending and tax cut bill that would tax investments by foreign-owned firms is dividing the Senate GOP caucus, potentially putting its inclusion in the final package at risk....

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