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Forums » Response to 'Bogus Experts, Bogus Concern' » hmmmm......
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cracker 52

@comcast.net

Re: hmmmm......

The reason why municipal bonds have low interest rates is because of the tax breaks given by the Federal (and sometimes state) government to the bond holders. So, the loss tax revenue is a cost to those who are paying taxes.
permalink · 2006-11-02 19:00:37 · Reply to this
Ahrenl

join:2004-10-26
North Andover, MA
·Verizon FIOS

Re: hmmmm......

You mean a loss to those receiving taxes. These usually are purchased by money managers, or large corporations, both of which are probably not paying taxes to the local community. So the there will be a tax loss to the federal coffers, which I only count as a good thing. The less money DC has, the less things they can screw up, unless they use deficit spending.. Ahemm.
permalink · 2006-11-03 06:01:59 · Reply to this
Forums » Response to 'Bogus Experts, Bogus Concern'

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