Muni Bonds: How Killing a Tax Break for the Rich Could Hit Everytown, U.S.A.

Date: Dec 14 2012

Filed under: Investing Basics, Taxes, Government

Republicans in Congress and President Obama remain locked in their seemingly interminable debate over how to avoid the fiscal cliff of tax increases and spending cuts set to befall us at the end of the year. As they’ve tried to break the stalemate, lawmakers have looked at a variety of proposals to raise revenue, among them, ending certain tax breaks and exemptions.

One particular tax break that has gotten more attention recently is the exemption for municipal bond interest. However, while…

Muni Bonds: How Killing a Tax Break for the Rich Could Hit Everytown, U.S.A. originally appeared on DailyFinance.com on 2012-12-14T06:00:00Z.

Permalink | Email this | Comments

http://www.dailyfinance.com/2012/12/14/muni-bonds-how-killing-a-tax-break-for-the-rich-could-hit-every/

«

»