Washington - Taxation
Boehner's Plan B Includes Two Bond Provisions
Wednesday, December 19, 2012
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House Speaker John Boehner's "Plan B" backup proposal to prevent some tax rate increases would make permanent two muni bond provisions that were originally enacted under the 2001 and 2003 Bush-era tax cuts.

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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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