Market Outlook · June 29, 2021

Infrastructure Bill Now May Be Linked to the Reconciliation Bill. What Does That Mean for Your Taxes?

Brent Ciliano

CFA | SVP, Chief Investment Officer

What just happened?

President Biden and Democratic leaders are now specifically tying passage of a bipartisan infrastructure deal to the successful completion of tax increases in a reconciliation bill.

What does the bill cover and not cover?

In this article, we'll share a visual representation of the Administration's proposal compared to the bipartisan bill, as it stands.

How will the infrastructure bill be paid?

Consensus views are that nearly all of the package will be deficit financed, but will also include other provisions.

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