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Sanctions: 12
Obama's Disintegrated Mind
Posted by Merlin Jetton on 9/13, 11:38am
In the same bill he proposes to tax income from muni-bonds and encourage state and local governments to undertake infrastructure projects that would increase jobs. These conflict, because infrastructure projects are financed by issuing muni-bonds. "But reducing demand for bonds issued by state and regional authorities that build highways, bridges, airports, water and sewer systems and transportation projections would hamper the very sort of projects the legislation seeks to encourage" (link).
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