Tax Free Muni Bonds Going Away?

Could one of the last remaining tax safe-havens for high net worth investors soon be a thing of the past?  They could be if this administration has its way.

As reported on Bloomberg earlier this month, President Obama is proposing that any tax payer who is above the 28 percent tax bracket no longer be allowed to deduct the interest he/she receives from municipal bonds.  You can read the full article HERE.

If this comes to pass and could affect you, then I can show you one of the last remaining tax safe-havens which is still IRS approved.

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