GFOA letter regarding fiscal cliff and municipal bonds

Jan 8, 2013

ICMA joined in signing this letter to Obama and Boehner urging them to retain the current federal government income tax exclusion for municipal bond interest during year-end negotiations to avert the “fiscal cliff.

If the exemption is reduced or eliminated, there will be less money available to local governments for infrastructure needs. 

 

Advertisement

You may also be interested in