<div id="readability-page-1">A $1 million municipal bond portfolio yielding 5% generates $50,000 per year in interest income that the federal government cannot touch. For a married couple in the top tax bracket, that same $50,000 would require roughly $79,365 in taxable bond income to produce the same after-tax result. Municipal bonds are issued by states, cities, school distr...</div>

免税市政债 ETF - PowerShares

免税市政债券 ETF - Vanguard

免税市政债 ETF - iShares

<p>一个价值 100 万美元的市政债券投资组合，收益率为 5%，每年产生 5 万美元的免税利息收入。对于处于最高税率的已婚夫妇来说，要实现相同的税后收入，大约需要 79,365 美元的应税债券收入。市政债券由各种政府实体发行</p>

$100 万的市政债券可以产生$50,000 的免税收入，这一收益超过了国债的回报