How the 2017 Tax Cuts and Jobs Act Influenced Municipal Bond Pricing

04/11/2025How the 2017 Tax Cuts and Jobs Act Influenced Municipal Bond Pricing The recent scholarly work of Dr. Mikhail Pevzner.Business Today an image of a calculator and the the words state and local tax

an image of a calculator and the the words state and local tax

Given that local real estate taxes are both a primary component of the SALT deduction and a crucial source of municipal revenue, the TCJA's impact on local government finances remains uncertain.

Mikhail Pevzner

Professor of Accounting

Faculty: Mikhail PevznerMerrick School of Business