MuniLand –$714 Billion Saved
September 05, 2015 at 08:00 AM EDT
Between 2000 and 2014, the tax-exempt status of municipal debt saved state and local municipalities an estimated $714 billion, or $80-$120 in additional interest expense per $1,000 borrowed. This estimate was developed on the behalf of the International City/County Management Association (ICMA) and...
