SCOOP: The House tax bill includes a carve out sought behind the scenes by a $75 billion private credit giant
The firm is owned by billionaire brothers Lawrence & David Golub, who have given $2 million in campaign contributions since 2020
The provision, an exemption to a global minimum tax related to the Virgin Islands, will cost the US close to $1 billion
Experts of the left & right tell me they are baffled by the public policy purpose of the change & worry it will fuel profit shifting out of the US
Golub's affiliate paid lobbyists +$500K to get the exemption from Congress, which also enjoyed support from the Virgin Islands government
Fine: Rome is burning
McGovern: One of the previous Republican speakers got up and said Rome is burning but I hate to tell him but Republicans are in charge and Trump is your Caesar.