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Supplies us a marginal tax rate of 28%. We subtract.28 from 1.00 permitting.72 or 72%. This means that the non-taxable memek of 8.6% would be the same return as a taxable rate of 5%. That was derived by multiplying 5% by 72%. So any non-taxable return greater than 3.6% effectively preferable several taxable rate of 5%. To slice out-excuse the pun headache for the season, proceed with caution and often of confidence.
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