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For example, most among us will along with the 25% federal income tax rate, anjing and let's suppose that our state income tax rate is 3%. Offers us a marginal tax rate of 28%. We subtract.28 from 1.00 posting.72 or 72%. This means that any non-taxable interest rate of 3.6% 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% may possibly preferable any taxable rate of 5%.
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