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Politics : Politics for Pros- moderated

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To: KLP who wrote (520598)11/8/2012 1:58:21 PM
From: Neeka  Read Replies (1) of 793928
 
A lot of middle class retirees rely on muni bonds for some of their income.

Hundreds of billions can be generated, by taxing a very small portion of muni bond income. Yes, other items can be looked at, tax breaks, but they are miniscule, to the total WEALTH, (NOT INCOME) that is out there. And it wouldn't change their desirability since even after a SMALL tax, it beats everything out there. Guess who owns muni's? Feinstein, Spielberg…
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