Muni Bonds Would See Tax Hike In Recent Tax Reform Proposal

US Representative David Camp (R-MI), the current chairman of the House Ways and Means Committee, released a comprehensive tax reform proposal that, among many other changes, would reduce the tax exemptions that make municipal bonds so attractive to investors. Even if this bill does get out of committee, some of the ideas that are being introduced could find their way into future tax reform legislation and are still worth analyzing.

Tax reform a ‘shot across the bow’: Friedlander

“We believe that state and local issuers should view this highly detailed proposal...