Municipal Bond Forum
How the administration’s proposal would affect muni bonds
Q
Of concern is the Obama Administration’s proposal to limit the tax advantage of owning municipals only to those individuals in the lowest income tax brackets. If such a proposal becomes law, it would, most assuredly, adversely impact the municipal market in general. Has FMS expressed a position on this significant matter?
A
James A. Klotz responds:
Start here.
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