
Many investors will often try to evaluate whether they are better off investing in a taxable investment and paying the taxes or investing in a tax free alternative. This application will assist you in determining which is a better investment for you. After you enter the variables, the investment with the higher rate of return should be the investment that will produce a higher rate of return. Note that some tax free investments may be taxed at the federal or state level and you need to factor that into your analysis, for example, Treasury Securities.