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Tax-exempt securities represented about 80% of trading volume in U.S. municipal bonds in 2020. [13] Interest income from most municipal bonds is excludable from gross income for federal income tax purposes, and may be exempt from state income tax as well, depending on the applicable state laws. [14]
Municipal money market funds invest primarily in tax-exempt securities. Money market funds can be a good fit for investors looking to benefit from the current interest rate environment or saving ...
Money market accounts are savings accounts that often offer higher interest rates than regular savings accounts and often incorporate checking account features, like easy access to cash.
The bill introduced by Blessing and Smith would also have provided free breakfast and lunch in schools and increased the share of state income tax revenue going to the Local Government Fund and ...
U.S. Senators Jay Rockefeller (D-West Virginia) and Roy Blunt (R-Missouri) introduced S.B. 1133, "New Markets Tax Credit Extension Act of 2013" in June 2013 to permanently add New Market Tax Credits to the Internal Revenue Code, however the program expired in January 2014 without the bill passing. [14] [15] The program does continue.
Ohio is #24 in average property taxes at 3.016% of personal income, but the taxes vary by city and district. The state is #29 in overall average percentage of income used for sales, excise, and gross receipt taxes at 3.234%. [230] Below are the simple personal income tax rates for Ohio: [229]
Keep in mind that money market funds are different from money market accounts that banks offer as a savings tool. The accounts offered by banks are covered by FDIC insurance up to $250,000 per ...
In 1999, The Buckeye Institute moved from Dayton to Columbus, Ohio. [1] Columbus Mayor Greg Lashutka was formerly chair of the organization's board of directors. [9] Matt Mayer, who went on to found Opportunity Ohio, led the organization from 2009 through 2011. [10] Robert Alt, The Buckeye Institute's current president, assumed that role in ...
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