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Make sure you understand the exemptions it is related to the link. For example, municipal bonds are generally exempt from federal taxes, and may be exempt from state and local taxes incase you are a resident of your state.
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If choice taxes are high now, wait till 2011. In between the federal, state and local governments, if you find yourself paying much more than now you are. Plan for it ahead of and you should be qualified for limit lots of damage.
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