House GOP tax plan gets boost from GE, Boeing, others

House Republicans seeking a divisive overhaul of corporate taxation got a major private-sector boost Thursday, with the launch of a business coalition specifically backing the part of the tax plan that has drawn opposition from retailers, refiners and other big importers.

General Electric, Dow Chemical, Boeing, Pfizer, Eli Lilly and other major multinational corporations are among the backers of the American Made Coalition, a new group set up to advocate for the border adjustment provision of the House Republican tax reform plan.