TITLE

Report: Market Fears of Consumption Tax Seem Unwarranted

AUTHOR(S)
Johnson, Matthew
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/11/2005, Vol. 351 Issue 32088, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the fears of municipal markets over the comments of Alan Greenspan, chairman of Federal Reserve Board, about changing the tax code to include a consumption tax in the U.S. Statement of George Friedlander, a municipal market strategist at Citigroup, Inc. on the transformation of the current income tax structure into a consumption-tax based system; Implications of holding municipal bonds under a consumption tax-based system; Disadvantage of the consumption tax-based system.
ACCESSION #
16412730

 

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