The article discusses a little-known section of a tax-and-spending bill introduced by President Trump, titled Section 899, which proposes increased tax rates on foreign individuals and companies considered to have unfair tax practices. Analysts warn that this could drive away foreign investors, particularly institutional investors, at a time when their confidence in U.S. assets is already declining due to inconsistent trade policies. The measure may further weaken the appeal of U.S. Treasury bonds to foreign investors, who are already hesitant due to current economic conditions.
This obscure tax measure, known as Section 899, threatens increased tax rates for foreign individuals and companies, alarming investors and possibly pushing them away from U.S. assets.
If it becomes law, this tax measure may discourage foreign investment in U.S. Treasury bonds at a time when confidence has already been shaken by Trump's policies.
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