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The Bond Buyer: Reconciliation bill’s corporate tax could dampen demand for munis


"It may be too early to calculate the provision’s impact on demand, said Tom Kozlik, Head of Municipal Research & Analytics at HilltopSecurities.

" 'The corporate tax rate is a factor in their relative value buying but it isn’t necessarily a leading factor,' Kozlik said. 'It isn’t necessarily something that’s going to make them rush out and sell, or not buy.' "


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