part of the tax reform republicans are pushing is removing the ability for corporations to deduct interest payments.
Obviously, this will discourage corporations from issuing bonds. Currently, many corporations like Apple issue bonds even though they have absolutely need no need to borrow(they do it for tax purposes).
What will this potential change mean for investors? How will such a change affect existing bonds and the bond market? Will interest rates in the market drop due to less corporations issuing bonds, thus causing existing bonds to increase in value(due to securing a higher rate)?
Submitted March 06, 2017 at 11:31PM by skilliard7 http://ift.tt/2mQekyO
