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Tax Exempt Bonds

Categories: Tax, Bonds, Muni Bonds

Want to pay fewer taxes?

Tax exempt bonds are one way to do that. With these bonds, you don't pay local, state, or federal taxes on your investment so your investment dollar goes further. Municipal bonds are an example of tax-exempt bonds. Whatever money you make from your muni bonds is money the IRS can't touch. 

Find other enlightening terms in Shmoop Finance Genius Bar(f)