Difference between revisions of "History Of Your Federal Taxes"

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Revision as of 16:20, 11 November 2024

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One more week until Tax 24-hour period. Have you filed yours yet? I haven't (probably should get on that, actually), while using the I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I would even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what is the point if half the damn country isn't going to up and log off scot-free?

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If you buy a national muni bond fund your interest income will be free of federal income taxes (but not state income taxes). One does buy a situation muni bond fund that owns bonds from your home state this interest income will likely be "double-tax free" for both federal while stating income .

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