Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Federal Tax Treatment of State and Local Securities.

Federal Tax Treatment of State and Local Securities.

Ott, David J.
Meltzer, Allan H.
Unknown

Hardcover

AccountingInvesting & Finance

ISBN10: 0313223068
ISBN13: 9780313223068
Publisher: Praeger
Published: Apr 18 1980
Pages: 162
Weight: 0.90
Height: 0.50 Width: 6.00 Depth: 9.00
Language: English
The federal income tax exemption for state and local government securities has been a controversial issue for many years. Opponents of the exemption believe that it is inequitable, reduces risk investment by high-bracket taxpayers, and costs an excessive amount to the federal government. Proponents argue that elimination of the tax exemption would make the cost of borrowing money to many state and local governments prohibitive. The purpose of the study was to try to narrow down the differences among experts in taxation and the municipal bond market on the facts and analyses with regard to this matter of public policy.

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