“One Big Beautiful Bill Act” — Six Takeaways
In classic Washington style, Congress pushed the limits of drama and delay, passing a sweeping reconciliation bill just hours before President Donald Trump’s self-imposed July 4, 2025 deadline.
Infrastructure Plan, Higher Income Taxes and Municipal Bonds
President Biden’s recently proposed $2 trillion infrastructure investment plan would, if enacted as-is—a big “if” for sure— provide much needed support to traditional infrastructure projects like roads and bridges amongst other projects. While the plan would tangentially support the municipal market through better economic growth and higher tax revenues, there could be other provisions that would impact the municipal market more directly.
Let’s Talk About Higher Capital Gains Taxes
Stocks sold off yesterday after a report that the White House was considering doubling the capital gains tax on the wealthy to 39.6%.
Election Charts You Need To See: Part 3
One of the top requests we’ve received the past few weeks is for more charts on the US elections. We shared some of our favorite in Election Charts You Need …