The Vanguard High-Yield Tax Exempt fund is not even considered a high-yield fund by Lipper Inc ., the fund tracker The fund itself has only 10 percent of its $ 3 billion in assets invested in unrated debt.
22.
The U . S . legal system differentiates between proper and improper shelters by determining whether the transactions that yield tax savings have a legitimate " business purpose, " or whether they are designed specifically to facilitate tax evasion.
23.
Also, that marijuana legalization would yield tax revenue of $ 2.4 billion annually if it were taxed like all other goods and $ 6.2 billion annually if it were taxed at rates comparable to those on alcohol and tobacco.
24.
For Franklin Templeton's High Yield Tax-Exempt fund, Kenny said he's been able to boost his total returns by buying bonds of issuers that are " out of favor, " such as New York City, Washington, D . C ., and Denver Airport.
25.
I have done fairly well with one large investment in junk bonds _ the Fidelity High Yield Tax Free fund, which represents 56 percent of an $ 831, 000 portfolio, but I am uncomfortable with it because of its roller coaster history.
26.
Others, like the San Francisco real estate investor Paul Sack and his wife, Prentice, who have a collection of 1, 000 photographs, have created trusts that yield tax deductions equal to the full appraised value, a larger tax break than if they had donated the collection as partial or promised gifts.
