If taxes go higher, will munis be hurt?
The Administration’s recent plan would increase the highest marginal income tax rate but would not likely impact muni yields.
The Administration’s recent plan would increase the highest marginal income tax rate but would not likely impact muni yields.
Washington’s off-again, on-again debate about the tax exemption of municipal bonds appears to be off again as lawmakers grapple with budget and debt issues. Proposals to change the tax treatment of municipal bonds could resurface again during the congressional elections in late 2014.