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"28% Cap" Unlikely to Trigger Wave of Municipal Bond Tax Calls

Market commenters have suggested that billions of dollars in municipal bonds may be subject to par redemptions if the much-discussed “28% cap” on the value of certain federal income tax deductions or exclusions is enacted and...more

Will Muni Tax Exemption Fall Off Fiscal Cliff?

With the fiscal cliff looming ever closer, recent talk in Washington, D.C., suggests both parties are seriously considering limiting the benefits of the federal exclusion from gross income for interest income earned on...more

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