Trump Victory Threatens Key Muni Tax Break in Hunt for Revenue [Yahoo! Finance]
Barclays PLC (BCS)
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Source: Yahoo! Finance
Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration President-elect Donald Trump has promised to further cut corporate taxes and even eliminating the federal income tax. If he goes through with those plans, lawmakers will need to find additional revenue to offset the cuts' trillion-dollar price tag. The muni tax-exemption — estimated to cost the US government less than $40 billion each year — has long been seen as a possible source of funding. “The likelihood that the tax exemption is materially altered remains low, but the risk is probably at as high a level as it has been in the recent past given the size of projected deficits,” said Adam Stern, co-head of research at Breckinridge Capital Advisors. With the Tax Cuts and Jobs Act of 2017 set to expire
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News
- Slowing Mexico Inflation and Growth Open Door to Larger Cut [Yahoo! Finance]Yahoo! Finance
- Barclays PLC (NYSE: BCS) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Barclays Bank PLC Announces Extension of 4 Cash Tender Offers and Consent SolicitationsBusiness Wire
- ‘Difference Is Trump': American Homebuyers Brace for Rate Pain [Yahoo! Finance]Yahoo! Finance
- Concerns About Credit Risk in SRTs Are Growing [Yahoo! Finance Canada]Yahoo! Finance Canada
BCS
Sec Filings
- 11/19/24 - Form 13F-HR/A
- 11/15/24 - Form 13F-HR
- 11/1/24 - Form 6-K
- BCS's page on the SEC website