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Trump Advisor Calls to End Muni Tax Break
News March 21, 2025 at 02:08 PM
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What You Need To Know
- “You want to tax the rich? This is a good way to do it,” said Stephen Moore.
- But the municipal-bond tax exemption underpins the $4 trillion state and local government debt market.
- Elimination of the muni tax exemption would yield about $250 billion in savings, according to a menu of options circulated among GOP lawmakers earlier this year.
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