Bloomberg - Republican Tax Reform Seen Shrinking Real Estate and Corporate Bond Market

Dec 20th, 2016

Bloomberg reports on the impact that the Republican-proposed tax reform will have on the commercial real estate and corporate bond markets. Massive tax savings seen across the board for major corporations. One area where the article gets it wrong is with respect to banks. The proposed legislation will still allow banks to write off their interest expenses against their interest income, thereby providing them protection from the impact of this legislation that will not be afforded to the vast majority of Americans.