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Subject:  Re: Bonds and Bush Proposal to End Dividend Taxe Date:  12/7/2002  11:09 PM
Author:  iamdb Number:  5566 of 35930


Regarding point 1 of your response: "I don't get the chortle about muni bonds",
as I understand it, without tax exemptions, munis would need to pay dividends more competivitve with corporates, making it more costly to raise money for public works. But of course you already know that, so I must be missing the point.

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