Policy snapshot: Energy
Companies should assess Biden’s pledge to invest $1.7 trillion over the next 10 years toward the goal of achieving 100% clean energy.
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Policy snapshot: Health care
Biden will want to strengthen and expand the Affordable Care Act; however, he could face Senate opposition.
Policy snapshot: Manufacturing
We expect Biden to be more supportive of free trade, even though Biden’s “Buy American” proposal does reflect protectionism.
Policy snapshot: Private equity
It remains to be seen whether the transition to the Biden administration will have a significant impact on the private equity industry.
Policy snapshot: Real estate
Based on Biden’s campaign platform, long-term capital gains, currently taxed at 20%, would be taxed at ordinary income rates.