As Americans flock to airports this Thanksgiving weekend, they may notice a lot of crowds — and, perhaps, construction. If they look beyond their travel plans, they may even spy an investment opportunity, according to Nuveen. The Transportation Security Administration is expecting one of the busiest Thanksgiving travel periods on record for the nation's airports. It has projected it will screen 18.3 million people from Tuesday, Nov. 26, to Monday, Dec. 2.
" On top of that, airport revenue munis are subjected to the alternative minimum tax . The Tax Cuts and Jobs Act increased the AMT exemption amounts, and as a result not many people are paying the tax. However, several TCJA provisions — including the AMT — are set to sunset at the end of 2025. A Republican sweep of the House, Senate and White House means there is a greater probability the provisions will be renewed.