It's Time To Buy Muni Bond Funds -- Here's Why And Where

Contributing sentiments towards policy:

65% : For tax-sheltered accounts like IRAs, munis are inappropriate; there, use this survey of taxable bonds and bond funds.
60% : There are two problems with individual tax-exempt bonds.
57% : Kentucky's flat tax rate is 4%, so the most that a rational Kentucky resident would pay in incremental cost to avoid local tax is 4% of 4%, or 0.16%.
56% : There is, that is, not a lot of state tax to be avoided.
53% : Taxes are allowed for, as well, at different income levels, in two high-tax states.
48% : " The numbers he has in mind: For bonds due in ten years, tax-exempt yields are 80% of U.S. Treasury yields, not bad for anyone destined to pay a tax of 20% or more on interest.
46% : Two states with stiff taxes, New York and California, are home to low-fee double-tax-free funds.
45% : Don't be led astray by the double-tax-free allure of a fund holding only home-state bonds.

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