Originally posted by JBA
More importantly why is she paying 12%?
If ya crunch the numbers (I have'nt, I'm guessin here) She's payin %12 on her total income, which includes the interest on the tax free bonds, which does'nt count as taxable income, which is why the call them "Tax Free Bonds"
Went back and reread the first post.
Yeah, why is she only paying %12 ?