The after tax yield or tax equivalent is used with Municipal Bonds mostly.

税后收益率或税相当于是与 市政债券大多使用。

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Since 2003, the after-tax cost of raising debt has been much lower than the cost of issuing shares, even in the more expensive high-yield market.

自2003年以来，举债的税后成本已经比发行股票，甚至是在更昂贵的高收益市场上发行股票的成本要低很多。

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Furthermore, his planned tax rises on high earners may well yield less revenue than he hopes.

此外，他计划对高收入者增加税收，这产生的收入少于他的预计。

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If the company pays a 6% dividend, a California resident would have to pay 1.4% of that 6% in taxes, reducing the after tax yield to 4.6%.

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That is one of the ways in which increasing a tax rate can reduce the total tax yield, thereby defeating the whole supposed object of the tax-raising exercise.

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The interest on municipal bonds is exempt from income tax on the federal and sometimes state levels, giving them a higher after-tax yield than a corporate or Treasury with the same coupon and maturity.

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