WASHINGTON — President Obama’s call for Congress to pass a one-year extension of the Bush tax cuts for families earning $250,000 or less would boost demand for municipal bonds, market participants said Monday.

While Obama’s proposal was seen mostly as political posturing ahead of the November election, many market experts said that, if enacted, it would make municipal bonds more attractive to taxpayers making more than $250,000. The 35% top marginal tax bracket would increase to 39.6%, leaving many investors seeking alternative investments, they said.

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