Nothing Is Certain But Death, Taxes and Muni Bond Advantages
(Bloomberg Opinion) -- If the last few days are any indication, the denizens of Wall Street either aren’t as sharp as they seem or they’re dreading the prospect of paying more in taxes. I say this because two of the most popular articles on the Bloomberg terminal this week boiled down to the simple fact that U.S. municipal bonds offer income that’s exempt from federal taxes, and often state and local ones as well.