Not an Immediate Threat to Tax-Exempt Status, Funding for Higher-Ed, or Other Municipals Despite President's Tweet; We Continue to Expect D.C. Support
07/10/2020
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Over the last decade, we have seen various threats to the municipal bond tax-exemption.
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Today, President Trump tweeted that higher education tax-exempt status and funding could be “taken away.
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If anything, we have been seeing and are expecting to see more support from D.C. lawmakers for elements directly related to COVID-19 aid and to the tax-exemption tax-expenditure in the near-term.
