I was checking through my email subscriptions and a couple of articles stood out for me. The first was concerning municipal bonds, whether should still be tax free for the federal or have a credit instead. If you have municipal bonds in your porfolios this article from Business Week might be of interest. http://www.businessweek.com/investing/insights/blog/archives/2009/08/could_municipal.html
The second article was about the fact that the car dealers are asking the government to shut off the cash for clunkers. They are having trouble getting paid from the government and they are afraid that when all the claims get paid out, the claims will exceed the amount of money left. Didn't some of us warn about this? http://money.cnn.com/2009/08/19/autos/nada_clunkers_wind_down/index.htm?postversion=2009082004
Lastly, a reminder that for monthly payees, state withholding and sales tax are due today.
Thursday, August 20, 2009
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