Why Doctors and Lawyers in High-Tax States Are Moving Money Into Muni Bonds as Rates Rise

A physician in California earning $500,000 a year hands roughly half of every dollar of taxable investment income to the government. That math is quietly pushing high-earning professionals toward municipal bonds right now, and the window for this trade is as wide as it has been in over a decade. The Tax Problem High Earners... Why Doctors and Lawyers in High-Tax States Are Moving Money Into Muni Bonds as Rates Rise