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Announced he would step down. Bloomberg and Bloomberg Technology is next. This is Bloomberg Technology. Coming up, u. S. Tax reform clears the house. We will discuss what comes next and what it means for tax caps. Plus, inside googles fake news fight. Behind the spike in tech ipos in asia. But first, to our lead. Lawmakers have passed their version of the u. S. Tax code. Ratesshes Corporate Tax while adding over 1 trillion to the deficit over the next decade. The senate is preparing its own version of the bill, one would one that would delay the Corporate Tax cut for a year. Joining me now, we have our Bloomberg Tax reporter and in new york david kirkpatrick. Losers . The winners and in this bill, corporations will see their rate fell from 35 down to 20 . Businesses also see a corporate their tax rate cut, but it is a little bit more confusing. Companies that are really excited about this as this moves towards a territorial system which Means Companies are not tax as much on their prof

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