Federal Tax Treatment of State and Local Securities.

Federal Tax Treatment of State and Local Securities.

EnglishHardbackPrint on demand
Bloomsbury Publishing PLC
EAN: 9780313223068
Print on demand
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Detailed information

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.

EAN 9780313223068
ISBN 0313223068
Binding Hardback
Publisher Bloomsbury Publishing PLC
Publication date April 18, 1980
Pages 146
Language English
Country United States
Readership General
Authors Ott David Jackson