As the tax debate heats up, the Republicans tweak interest business plan

Republicans in congress, try to address the complaints of small businesses, swing changes are proposed controversial to get rid of the business tax deductions for the interest on the debt, business lobbyists said on Tuesday. Top U.S. Republican tax policy acknowledged that the changes in the work, but did not provide details. The debt interest proposal, long seen by the Republican policy makers as necessary to help to stimulate economic growth, is supported by large companies with ready access to equity financing which can take place for debt as the elimination of interest deductions and to the issuance of debt too expensive. Debt-dependent small business owners, farmers and ranchers…