Morgan Stanley Insured Municipal, Inc.me (AMEX:IIM)
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A diversified, closed-end management investment company.
Investors Writing for Investors
A diversified, closed-end management investment company.
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The top tax brackets rates are expected to rest on January 1 2010. Unless something changes individuals in the top tax brackets will pay 3 to 4.6% more tax. Long-term capital gains rates will expire January 1, 2011.
Expect a higher demand for tax-free income and lower demand for growth stocks through the end of next year.
Disclosure: I own municipal bonds and intend to purchase more through the end of 2009.