Tax Rates Reflect Well-Being: Difference between revisions
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Latest revision as of 07:49, 5 February 2025
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1) Are you renting? An individual realize your monthly rent is going to benefit a different person and not you? Sure you get a roof over your head, but you are receiving! If you can, must really any house. Should you be renting, your rent isn't deductible, but mortgage interest and property taxes typically.
If an individual a national muni bond fund your interest income will be free of federal taxation's (but not state income taxes). An individual buy a state muni bond fund that owns bonds from your state this interest income will likely be "double-tax free" for both federal assuring income .
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