Municipal Bonds why is it that municipal bonds are not taxed at the federal level, but are

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Municipal Bonds why is it that municipal bonds are not taxed at the federal level, but are taxable across state lines? Why are U.S. Treasury bonds not taxable at the state level? (You may need to dust off the history books for this one.)

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: Apr 28, 2011 02:29 AM

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Municipal Bonds why is it that municipal bonds are not taxed at the federal level, but are

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Fundamentals of Corporate Finance

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