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Muni Bond Investors On Edge Over Tax Proposal

Ken Tumin
Ken Tumin   |     |   5,935 posts since 2009

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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