Wood and Hoffman provide a comprehensive analysis of the tax implications of investing in federal, state, and municipal bonds. This book covers the history of tax policy related to bonds, the current tax laws, and the potential tax implications of future policy changes. Anyone interested in investing in bonds or understanding the tax implications of their current bond portfolio should read this book. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.