Federal Tax Policy in 2025, with Tom Kozlik

We're joined this week by Tom Kozlik, Head of Public Policy & Municipal Strategy at Hilltop Securities. He helps us unpack what kinds of tax reform and policies we might expect to see in the incoming Trump administration, including the renewal of the Tax Cuts and Jobs Act and the future of the state and local tax (SALT) deduction and the municipal bond tax exemption. He also talks to us about the implications of one-party control in the next administration and the end of the Golden Age of Public Finance. In Ripped from the Headlines, we dive deeper into the upcoming landscape for federal spending, and what that means as governors and mayors navigate these changes.