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> I'm not sure who was getting screwed there? Here's one: normally corporate bond payments are federally taxable, but municipal bonds aren't. Everyone in the c
by leereeves 5y ago
> I'm not sure who was getting screwed there?
Here's one: normally corporate bond payments are federally taxable, but municipal bonds aren't. Everyone in the country is missing out on taxes on payments on that 2 billion dollar debt.
- mikeryan 5y agoYeah but that’s a chicken and egg problem. Those bonds wouldn’t exist without the current exemption.