What is the ratio of tax free interest to taxed interest?
August 25, 2008
bett asked:
Example: 6% tax free interest is the same as what % taxed interest if you are in the 28% federal tax bracket?
Example: 6% tax free interest is the same as what % taxed interest if you are in the 28% federal tax bracket?
One Response to “What is the ratio of tax free interest to taxed interest?”
Leave a Reply
You must be logged in to post a comment.
August 27th, 2008 at 8:46 pm
Approximately 8 1/3% would be the rate you would have to earn on a taxed investment to equal the 6% of non-taxed interest if you are in the 28% tax bracket.