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Re: Amtrak changes-LD Trains

Posted by Dave on Tue Aug 13 21:50:35 2019, in response to Re: Amtrak changes-LD Trains, posted by Jackson Park B Train on Tue Aug 13 19:49:56 2019.

Muni bonds have lower interest rates because their interest is not taxed at the federal level. Depending upon what state/authority issued the bond, the interest also may be state tax exempt as well. The after-tax return may be higher or lower than a non-tax exempt bond, depending upon the issuer and when the bond was issued.

The Airport and Airway Trust Fund, which is financed by user-fee-like taxes, provides about 94.4% of the funding for the FAA's Operations account in FY 2019.

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