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A municipal bond issued to finance a toll bridge would most likely be a:
Maximum Deduction
The highest amount that can be subtracted from taxable income, as allowed by tax laws.
Cost Recovery Deduction
A tax deduction that allows a taxpayer to recover the cost of an investment over time through depreciation, amortization, or depletion.
50% Bonus
A premium payment of half the worth of an item, salary, or stipulated amount as an additional reward.
Cost Recovery Deduction
A deduction that allows a taxpayer to recover the cost of an investment over time, such as through depreciation or amortization.
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