WASHINGTON -- Sen. Pat Roberts, R-Kan., expressed concern that when comprehensive tax reform occurs, it should be carefully structured so that existing industries and investments are not harmed such as on municipal bonds.

Roberts, a member of the Senate Finance Committee, told the American Public Power Association that his constituents have told him they oppose tax code changes that would cap itemized deductions and “effectively raise taxes on individuals subject to the cap.”

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.