The fiscal cliff proposal being considered, which would exempt only 28% of municipal interest payments from federal tax, would do far more harm than good. A much better way to limit tax-exempt interest would be to reduce the size of the tax-exempt market.
Cap Tax-Exempt Issuance at $100 Million Per Muni Issuer?
DEC 20, 2012 8:45am ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
July 31-August 1, 2014Boston Park Plaza, Boston, MA
October 8-10, 2014Manchester Grand Hyatt, San Diego, CA
October 26-28, 2014Crowne Plaza Times Square, New York, NY