If you buy a municipal bond that yields 6 percent, then it would be the equivalent of a taxableyield of 8 percent.
FORBES: Are Municipal Bonds Currently A Good Investment?
2.
For a taxpayer in the top federal bracket of 35%, a 3% dividend yield is equivalent to a 4% yield on a taxable bond.
FORBES: When Patience Pays
3.
For example, a tax-free yield of 3% would be the equivalent of a 4.6% taxableyield for someone in the 35% bracket, and 4.97% for someone in the 39.6% bracket.
WSJ: Conquering Retirement: The Case for Muni Bonds