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More sweeping bill financial and what it includes. it includes a lot of things that people don't consider as infrastructure. and the bipartisan bill focuses on traditional infrastructure. the biden proposal is much broader than that and he wants to say that he did this, that he did all of these various things that are part of that larger bill. you know, that is a question mark too. i think that it stands a decent chance of passing, but the margins are so thin in both the house and the senate for the democrats, that it's obviously, what a challenge. >> we've seen a number of natural disasters i...

Look, both sides would like an infrastructure bill. here are the red lines on our side. we're not reopening the 2017 tax bill. it was the major factor in bringing us the best economy in 50 years as of february 2020 before the pandemic hit. and we want it to be paid for. >> so he doesn't want to see any tax increases what so far to pay for it. that is clearly part of the biden proposal. we'll see if they can bridge the divide, victor. >> democrats, david, are losing patience, more of them, some started by this saying we shouldn't work the republicans because it's not going anywhere. they're now...

Legal. we need comprehensive reforms, as relates to mega corporations who saw their revenue contribution go down something and i will propose them shortly to end the kinds of abuses that we saw in the propublica article. >> chairman of a committee that's been trying for 100 years to find the right way to tax mega wealth in this country. trying to push the person income tax rate up to 39% which is part of the biden proposal. it's been there before. we've seen with that's capable of doing and it has zero effect on the mega rich, on the billionaire level of multibillionaire level of wealth. your ...

10 Must Reads for the CRE Industry Today (May 1, 2021) The National Law Review and Commercial Property Executive each have pieces analyzing the implications of some of President Biden’s tax proposals for commercial real estate. Brookfield is launching its largest ever fund at $18 billion, reports IPE Real Assets. These are among today’s must reads from around the commercial real estate industry. Section 1031 Tax Deferred Exchanges: Implications of the Biden Proposal “Section 1031 exchanges have long been credited with increasing investment in real estate, increasing deal velocity...