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Trump called for the repeal of the estate tax, a fine levied on wealthy inheritors that affects about 0.2% of all Americans, according to the Center on Budget and Policy Priorities, as the tax exempts the first $5.45m a person inherits.
Because of the dislocations in the credit markets, tax exempts have been offering fairly generous yields.
But which high-yielding tax exempts are the best and safest buys in the current market?
But which high yielding tax exempts are the best and most safe buys in the current market?
Still, Carlson says that having some exposure to tax exempts, especially if you fear higher taxes, may make some sense.
While the federal estate tax exempts $3.5 million in wealth per person, some states tax far smaller estates.
Similar(52)
TAX EXEMPT TUESDAY Spartanburg County (S.C).
Ohio, $208.3 million of tax exempt highway capital improvement bonds.
TAX EXEMPT TUESDAY Pennsylvania, $500 million of general obligation bonds.
Municipalities and tax exempt organizations have very low default risk.
TAX EXEMPT TOMORROW Rochester, $54.6 million of general obligation bonds.
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