Johnson Says Deal Reached on Raising SALT CAP TO $40,000
Bloomberg Intelligence
00:00
Tax Policy Negotiations and Market Implications
This chapter explores the complex negotiations in Congress regarding the state and local tax deduction cap, detailing proposals to potentially raise it to $40,000. It also examines the implications of recent tax policy developments on the investment landscape, particularly focusing on the bond market and the impact of rising interest rates on growth equities. Additionally, the discussion touches on the challenges surrounding carried interest taxation and its significance in broader tax reform debates.
Transcript
Play full episode
