States Can Offer Tax Breaks on Bonds, Court Says
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
The U.S. Supreme Court ruled that dozens of states can continue to offer special tax breaks on municipal bonds issued within their borders, preventing disruptions in a $2.6 trillion market.
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