The CFA Society Los Angeles asks

Before 1 August 2017, will the US president sign legislation that eliminates or caps the tax exemption on municipal bond interest?

Started Apr 11, 2017 05:00PM UTC
Closed Aug 01, 2017 06:59AM UTC

Under present federal income tax law, the interest received from municipal bonds is free from federal income taxes (The Securities Industry and Financial Markets Association). The Republican-controlled Congress has put tax reform high on the agenda and may try to eliminate or cap the tax exemptions on municipal bonds (Bloomberg, Bloomberg, The Hill). Confused? Check our FAQ or ask us for help.
The US president did not sign legislation eliminating or capping the tax exemption on municipal bond interest. This question closed as "b) no". See our FAQ to learn about how we resolve questions and how scores are calculated.
Possible Answer Correct? Final Crowd Forecast
Yes 0%
No 100.00%

Crowd Forecast Profile

Participation Level
Number of Forecasters 204
Average for questions older than 6 months: 207
Number of Forecasts 529
Average for questions older than 6 months: 587
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Participants in this question vs. all forecasters worse than average

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