Since municipal bond interest is exempt from federal income tax, it is especially beneficial to high-income investors.

Name: Since municipal bond interest is exempt from federal income tax, it is especially beneficial to high-income investors.
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Municipal bond interest is exempt from federal income tax, making these bonds particularly attractive to high-income investors who are in higher tax brackets, as the tax-exempt income effectively increases their after-tax return.

Since Municipal Bond Interest Is Exempt from Federal Income Tax