Things to have – websites/slides

Currently the top marginal tax rate is 35%. IF you own a $1,000 face US Treasury bond then when you get a coupon of 10% you receive $100 dollars but pay $35 dollars tax. Thus your after tax return is only 6.5%. If you buy a municipal bond with a $1,000 face and 8% coupons you actual earn more after tax because the muni-bond is a tax free security. ................
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