Headlines and Hype: Are Tax Hikes Distracting Municipal Bond Investors?
In 2021, investors poured a record amount of cash into the municipal bond market, hoping to seek shelter from tax hikes expected as part of President Biden’s “Build Back Better” social spending and tax bill and the administration’s infrastructure bill. At this writing, politicians continue to wrangle with details of the proposed legislation,...
In 2021, investors poured a record amount of cash into the municipal bond market, hoping to seek shelter from tax hikes expected as part of President