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	Podcast:		Trillions
	Episode:		The Tax Idea That's Scaring ETF Investors
	Category:		Business
	Duration:		00:45:59
	Publish Date:		2021-09-30 08:00:00
	Description:		Exchange-traded funds have a special super power: tax efficiency. Investors pay taxes when they sell, but not when others in the fund sell. Yet that super power is suddenly in jeopardy. A recent bill proposed by Senate Finance Committee Chair Ron Wyden (D-Ore) would repeal a tiny section in the tax code that allows for ETF's in-kind creations and redemptions to be non-taxable events. On this episode of Trillions, Eric and Joel invite Professor Jeffrey Colon of Fordham University, a tax expert who's critiqued ETFs before and influenced Wyden's bill, and Dave Nadig, director of research for ETF Trends, to discuss the proposal. Some chaos ensues. See omnystudio.com/listener for privacy information.
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