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Home>Obama’s Jobs Bill Proposal to Restrict Municipal Tax Exemption: Likely a Non-Starter

Obama’s Jobs Bill Proposal to Restrict Municipal Tax Exemption: Likely a Non-Starter

Perspectives Content Submission

Thu, 15 Sep 2011

Raising Municipal Borrowing Costs Would Constrain, Not Increase, Employment President Barack Obama’s proposed jobs bill – The American Jobs Act of 2011 – is paid for in part by a change to the tax treatment of municipal bond interest for certain high income earners. The bill proposes to prevent ind

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