For years a tried and true investment was a tax free municipal bond. If you were in a high tax bracket you could write off your federal taxes and sometimes even your state and local taxes on the interest gained. With a carefully chosen bond you could get a better return than with a US Treasury. And in an era when the top tax rate was 89% it made perfect sense to go the tax free municipal bond route. Now there is talk of fixing America’s ailing infrastructure using seed money from the federal government and bonds issued by state […]