Washington - Infrastructure
Brookings Backs AMT Relief, National P3 Office
Tuesday, November 13, 2012
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The federal government should both exempt private activity bonds from the alternative minimum tax and create a national public-private partnership office to help state and local governments put deals together according to Brookings Institution reports issued Tuesday.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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