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GOP tax plan includes limit on biz interest deductibility

From left, Rep. Carlos Curbelo (R-FL) R-Fla., Rep. Vern Buchanan (R-FL) and House Ways and Means Committee Chairman Kevin Brady (R-TX). Photo: J. Scott Applewhite / AP

House Republicans are six days away from unveiling the details of their tax plan, and just four days away from most GOP members getting to learn what's actually in it. But multiple sources familiar with the process say that there will indeed be proposed changes to the deductibility of corporate interest.

Why it matters: The move could eat into returns for many private equity and real estate investment funds, although the reduction won't be as deep as some had feared.