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Revision as of 14:49, 20 September 2024

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During the cost Depression and World War II, tips income tax rate rose again, reaching 91% within war; this top rate remained basically until '64.

If buy a national muni bond fund your interest income will be free of federal income tax (but not state income taxes). If you buy a situation muni bond fund that owns bonds from home state this interest income will be "double-tax free" for both federal while stating income tax burden.

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