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Praeger Federal Tax Treatment of State and Local Securities. (Brookings Institution. National Committee on Government Fina)

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Description

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.

Product Specifications

Brand
Praeger
Format
hardcover
Domain
Amazon UK
Release Date
18 April 1980
Listed Since
10 December 2006

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