Tax

Economists gaming out the possibilities for tax policy in the Trump administration believe the bond market will dictate budget cuts and spending increases.

The session, which begins Jan. 14 with a more-conservative Republican majority, could bring additional anti-ESG and DEI legislation.

Scott Bessent, a hedge fund manager and noted Trump ally, is nominated for Treasury Secretary.

Pewaukee, Wisconsin, is the target of lawsuits from a private industry group over a transportation utility fee that was struck down earlier this year.

Extending tax cuts from TCJA is viewed as fiscally problematic.

KBRA has placed Chicago's general obligation bond rating on watch for downgrade as the City Council prepares to vote tomorrow on a proposed property tax increase.

Trump's proposed corporate tax cut, if enacted, would further concentrate the buyer base and increase the chance of volatility, said Wells Fargo head of municipal strategy Vikram Rai.

Omaha voters approved six general obligation bond measures totaling $333.4 million last week, none of which required a tax increase.

Homeowners across the nation could realize savings from as little as $20 per year to having their bill wiped out entirely.

Lawyers are beginning to flesh out what the specifics of what a second Trump administration may look like, and what we can expect before Biden passes the baton.