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Revision as of 06:35, 8 October 2026


One more week until Tax Day. Have you filed yours yet? I haven't (probably should get on that, actually), and when I read in USA Today that roughly 47% of Americans won't even need to worry about paying federal income taxes, I start to wonder if I should even bother. Oh sure, there's the threat of prison time for tax evasion, but really, exactly what is the point if half the damn country isn't going to pay up and jump off scot-free?

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However, some states* do not allow a tax credit for trade in cars, so don't try transfer pricing it that there. If you purchase a national muni bond fund your interest income will be free of federal fees (but not state income taxes). In case you buy circumstances muni bond fund that owns bonds from property state this interest income will be "double-tax free" for both federal and state income tax.

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