<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>

免税市政債 ETF - PowerShares

免税市政債券 ETF - Vanguard

免税市政債 ETF - iShares

<p>一個價值 100 萬美元的市政債券投資組合，收益率為 5%，每年產生 5 萬美元的免税利息收入。對於處於最高税率的已婚夫婦來説，要實現相同的税後收入，大約需要 79,365 美元的應税債券收入。市政債券由各種政府實體發行</p>

$100 萬的市政債券可以產生$50,000 的免税收入，這一收益超過了國債的回報