Explains how governments earn arbitrage points from tax exempt bonds, why the federal government has enacted rules to limit this activity, and the economic effects of allowing more arbitrage profits earned on bonds issued for public schools as proposed in the Taxpayer Relief Act of 1998.
ProQuest U.S. Congressional Research Digital Collection
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. AVAILABLE ONLINE TO AUTHORIZED PSU USERS.