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Thanks, Ted. I note this sentence: "Only an investor paying the very top federal rate (37% plus the 3.8% Medicare surtax) would gain significantly by opting for the tax-free muni."
@crash The quote taken out of context is misleading as it only refers to short term munis. The article says that investors in the 15% tax bracket would benefit from long term munis.
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The quote taken out of context is misleading as it only refers to short term munis. The article says that investors in the 15% tax bracket would benefit from long term munis.