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Moe Jones is a presidential candidate. He has an economic program that proposes an introduction of a flat tax. Under a flat tax, there would

Moe Jones is a presidential candidate. He has an economic program that proposes an introduction of a "flat tax". Under a flat tax, there would be only one tax bracket for the federal income tax and most tax deductions and tax exemptions would be eliminated. Suppose that Jones wins the 2024 presidential election. What would be the likely impact on the market for municipal bonds

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