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The Case Against Stock in Public Pension Funds
increase the taxpayer’s Federal income taxes. The U.S. taxes bonds more highly than equities and gives ... portfolio by half the amount indicated in the table, and the tax disadvantage of the pension fund equity ...- Authors: Lawrence N Bader, Jeremy Gold
- Date: Oct 2004
- Competency: External Forces & Industry Knowledge
- Topics: Economics>Macroeconomics; Enterprise Risk Management>Risk measurement - ERM; Pensions & Retirement>Public sector plans