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?
Union League Club, Philadelphia, PA
October 21-23, 2015San Francisco Marriott Marquis, San Francisco, CA
Omni Providence Hotel, Providence, RI