How to tell if it is worth avoiding taxes with a municipal bond ETF

Contributing sentiments towards policy:

51% : Depending on your tax federal tax bracket and which state you live in, municipal bond funds may be excellent income generators for youAs interest rates have risen, investors have been attracted to bank certificates of deposits and short-term U.S. Treasury securities because they have been able to take very little risk to receive yields of 5% or more.
51% : Here are estimated taxable equivalents for California residents for CFM and for SPTI, followed by important explanations:Tax exempt Yield for CMF Yield for SPTI, exempt from state taxes California tax rate Approximate federal tax rate for this California bracket CMF taxable-equivalent yield SPTI fully taxable-equivalent yield 3.49% 4.52% 1.0% 0% 3.53% 4.57% 3.49% 4.52% 2.0% 12% 4.06% 4.61% 3.49% 4.52% 4.0% 12% 4.15% 4.71% 3.49% 4.52% 6.0% 22% 4.85% 4.81% 3.49% 4.52% 8.0% 22% 4.99% 4.91% 3.49% 4.52% 9.3% 35% 6.27% 4.98% 3.49% 4.52% 10.3% 35% 6.38% 5.04% 3.49% 4.52% 11.3% 35% 6.50% 5.10% 3.49% 4.52% 12.3% 35% 6.62% 5.15% 3.49% 4.52% 13.3% 35% 6.75% 5.21%The federal tax brackets are approximations, because the state and federal bracket ranges don't match.
45% : But to begin, let's keep it simple by imagining you live in Texas, Florida or another state without an income tax.

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