Muni bonds face a "real threat" of losing the tax-exempt status of their interest income from...

|By:, SA News Editor

Muni bonds face a "real threat" of losing the tax-exempt status of their interest income from the congressional supercommittee on the U.S. deficit, John Kraft says. “Tax exemption is not a tax preference for the rich but an opportunity for states to carry out their capital projects in the most cost-effective way."