Treasury Bonds vs. Municipal Bonds: Federal vs State Tax Advantages
Do you get angry when you hear people "avoiding" taxes? The media brainwashes you to think these individuals are cheating the system.
However, we should all reduce our tax bills as much as possible. Why? Because the government incentivizes us to stimulate the economy by giving us tax advantages.
Why do real estate and businesses receive such significant tax breaks? Because the government wants people to build houses and employ others.
At our level, we can invest in the US Government (Treasuries) and States (municipal bonds) to do our part for the economy.
We can also reap the tax benefits of giving our hard-earned cash to these government entities. By changing our mindset, we can reduce our tax bills while investing our money in productive sources. Good Luck!
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