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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by Growth400on May 06, 2018 8:22pm
154 Views
Post# 27989475

RE:ANY THOUGHTS? SELLOFF TOMORROW??

RE:ANY THOUGHTS? SELLOFF TOMORROW??No sell off. All BS. The opposition will always have a "better way". Its going to be legal. Its already legal. I can buy weed and illegal dispensaries anyday of the week. Line ups out the door. They waste the cops time and resources on busts just so that the dispensaries can open a day or 2 later. You think theyll keep doing this for another year? Lol no friggin way. The government is missing out on some serious tax money every day that goes buy. Liberals will have their way on this for sure.
Michael1952 wrote: Globe editorial: The Senate should stand down on cannabis PUBLISHED 2 HOURS AGOUPDATED MAY 4, 2018 Conservative senators have been threatening to slow or even kill the Liberal governments cannabis legalization bill for months. But with a third reading in the upper house approaching, and a Senate committee having just recommended a years delay in implementing the law, things are getting serious. Prime Minister Justin Trudeau is standing his ground. He insists marijuana will be legal by summer, as planned. Hes right to do so. The Senates latest concerns are not enough to justify delaying for 12 months a repeal of criminal sanctions that put blameless people behind bars, and which Canadians effectively voted to scrap in the last election. STORY CONTINUES BELOW ADVERTISEMENT Earlier in this confrontation between Mr. Trudeau and the newly emboldened Red Chamber he helped create, there were worries that Tory senators would try to rag the puck on the bill until a prospective Conservative government could kill it. The latest Senate criticisms of the bill at least have the merit of being more serious. Lillian Dyck, chair of the Senates Aboriginal Peoples committee and a Liberal senator, suggests a delay is necessary in part to develop culturally sensitive materials warning Indigenous people about the dangers of pot. Its not a trivial idea. Drug abuse in some Indigenous communities is a scourge. More broadly, her charge that the government consulted inadequately with Indigenous leaders is troubling. But none of this is a deal-breaker. Marijuana is not a new drug people who care one way or another know about its appeal and its risks. And its not too late for Ottawa to start talking with Indigenous leaders and to keep doing so, as they will no doubt also do with provinces and municipalities. Other concerns about small personal grow-ops hurting home prices or increasing property crime should not be pretexts for delay either. Most importantly, these Senates proposed delay could drag on beyond the next federal election, once the dust has settled. If the Conservatives form government in 2019, they will likely kibosh legalization. In that case, the unelected Senate will have blocked an important Liberal election promise. They should not even flirt with doing so.


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