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Revision as of 23:48, 21 September 2026

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For example, municipal bonds are generally exempt from federal taxes, and always be exempt from state and local taxes in the case you genuinely are a resident for the state. In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% tax bracket and accelerating some within the changes passed in the 2001 EGTRRA.

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