4 ms·
> Funny how that works? You write the laws so to favor muni-bonds by making them largely tax free, and then suddenly the free-market takes away the advantage lo
by CrazyStat 5y ago
> Funny how that works? You write the laws so to favor muni-bonds by making them largely tax free, and then suddenly the free-market takes away the advantage lol.
The advantage is still there, it just goes to the municipalities issuing the bonds (where it gets passed on to taxpayers).
- dragontamer 5y agoI guess that's true. As someone who'd like to buy more munis however, I'm frustrated that I don't get a "piece" of the tax-savings. But you're right, the perspective is about reducing the %rates that cities / states pay, not about increasing the $$$ in my pocket as an investor.