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Obscure item in tax bill costs banks billions and increases your borrowing costs

The tax bill is rolling through the senate at record pace.  It is a huge bill with tons of moving parts so there is bound to be unintended consequences.  The recent iteration contains a provision that would nail banks.  Although it appears accidental, it will have a major impact on lenders and the costs would be ultimately passed on to both commercial and residential borrowers....

The post Obscure item in tax Bill Costs Banks billions and increases your borrowing costs appeared first on Fairview Commercial Lending.



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Obscure item in tax bill costs banks billions and increases your borrowing costs

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