Municipal Bonds Explained (Tax Free Bonds)
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Municipal Bonds Explained (Tax Free Bonds)
Municipal bonds, or munis, are bonds issued to investors by states and municipalities to pay for infrastructure and operating expenses. Muni bonds are popular among high income earners because their interest payments are exempt from federal and some state taxes. Public-purpose munis are specifically free from the alternative minimum tax, called ...
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Municipal Bond: Definition, Types, Risks, and Tax Benefits
Municipal Bond: Definition, Types, Risks, and Tax Benefits
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