To: crusty old prospector
My guess is that they will also go after tax exempt municipal bond funds. Other than some current investors, that's really a tax on cities and states. If a wealthy person has to pay taxes on the bonds, then they'll demand more interest from the cities and states issuing them to make up for the taxes.
15 posted on
11/07/2012 9:08:00 AM PST by
KarlInOhio
(Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
To: KarlInOhio
“really a tax on cities and states”
That would be classic, since the feds now pay for so much that cities and states used to pay for...
A story as old as civilization.
36 posted on
11/07/2012 5:43:23 PM PST by
mrsmith
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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