Bonds for Public Schools : Relaxation of Arbitrage Restrictions in the Taxpayer Relief Act of 1998.

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.

Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1998.
Series:	U.S. Congressional Research.
Subjects:	Government securities. Municipal bonds. Public schools. Electronic books.
Online Access:	Connect to the full text of this electronic book