Protecting Municipal Tax Exemption
This was an insightful panel discussion on the crucial role of tax-exempt municipal bonds in funding local infrastructure. As Congress debates tax reforms, the potential elimination of this tax exemption could drastically impact how cities finance essential projects like police stations, firehouses, schools, and sidewalks. The panel explored the importance of this tax exemption, the potential consequences if it were to disappear, and what it means for communities across the country. It was moderated by Blaine Griffin, council president of the Cleveland Council.