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Muni Bond Investors On Edge Over Tax Proposal

Sunday, May 26, 2013 - 9:14 AM
From AP via The Miami Herald
Why the investor anxiety, despite munis' decent yields and solid recent performance? Muni investors' eyes are on Washington, as the White House and Congress chip away at the nation's fiscal problems. Investors, particularly those in the top tax brackets, fear a budget proposal by President Obama that would cap the amount of muni bond income that an individual can claim as exempt from federal taxes.

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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