The Municipal Bonds for America coalition has published its latest update on the municipal tax exemption threats in light of recent Congressional action. Click here for the update.
Category: MBFA
Municipal Bonds for America Coalition Sends Letters to President Obama and Leadership on Capitol Hill Urging Preservation of Muni Tax Exemption
Among the concerns MBFA identifies is a fundamental alteration of the function of what has been a healthy and efficient tax exempt municipal bond market. Of more immediate concern is the market reaction occurring as a result of the reconsideration of the 28% cap contained originally in President’s FY 2012 budget proposal. The threat of…