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GOP Election Sweep Threatens Niche College Tax Break

Charles Samuels, Co-chair of the Retail and Consumer Products Practice, was interviewed by Bloomberg Television in a segment on how tax-free bonds are being used to upgrade college campuses at a cheaper rate, and how the election outcome could impact this municipal financing tool.

Regarding potential proposals from the incoming administration to remove this tax break, Chuck says, “We certainly hope that we’re not going to see these type of proposals, but the municipal finance community and the higher education community need to be prepared for the debate.”

Source

Bloomberg