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To: Hojczyk

My guess is that they will also go after tax exempt municipal bond funds.


3 posted on 11/07/2012 8:48:33 AM PST by crusty old prospector
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To: crusty old prospector

They’ll have to implement a wealth tax.


5 posted on 11/07/2012 8:50:45 AM PST by Paladin2 (.)
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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.)
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