Scott853 Wrote:
Nov 04, 2012 11:40 AM
What a truly stupid column, which I just wasted 2 minutes reading. Why the heck would state and local governments give up this stealth way to keep tax rates up forever? The idea is great, but there is NO chance governments will voluntarily cut their own throats by cutting the tax deductions for muni bonds. In fact, the very idea they'd do that is as silly as thinking Congress would vote to voluntarily enact term limits.