MuniLand Snaps: March 9, 2012
If you live in Alaska, you pay $1.07 in taxes on a gallon of beer, the highest amount in the nation according to the Tax Foundation.
Good Links
Tax Foundation: Facts & Figures 2012 – How Does Your State Compare?
Reuters: To boost enrollment, rural public schools sell empty classroom seats abroad
Reuters: Size of U.S. municipal bond market remains flat at $3.74 trillion
Reuters: Muni bond critics yield a gift for investors
Ipreo: Muni deal calendar (week of March 12, 2012)
Bond Buyer: Treasury will issue rules covering new municipal bond issue pricing
AP: Illinois lawmakers set $33.7 billion budget limit
AP: Alabama joins the pension reform parade
WSJ: The Journal surveys market attitudes toward Puerto Rico’s debt
Utica Observer-Dispatch: Utica, NY receives $10 million of state aid to pay off loan from local bank
@Twitter Talk
@archivesnews National Archives The Merrimac and Monitor clashed in Hampton Roads on this day. It was the first battle between ironclads. ow.ly/9yqrP
@tmaniccia Tim Maniccia Census- Household Income Inequality Within U.S. Counties: 2006-2010. census.gov/newsroom/relea…
@jmackin2 James Mackintosh Excited about the US economy? Built on releveraging of the US household in Q4. Fed winning, but is consumer really going to keep borrowing?
@CapitalTonight Capital Tonight Bloomberg: “The taxpayers are not organized the same way the retirees and the people who get pensions are.”
@BondDesk BondDesk Group LLC Muni Market was lower for 3rd day w/ yields higher by 1-3 bps. secondary investors on the sidelines – heavy new issuance continues
@munimarketmaven Daniel Berger Yesterday (Aa2/AA/AA-) Suffolk County GO 4s of 4/1/14 traded at +70bps to MMD’s AAA scale. In January this block traded at +35bps
@NestedInterest John Bevacqua Important, but overlooked, differences between bond funds & outright ownership of bonds. fb.me/17x1qSCwZ
@detnews The Detroit News Metro Detroit will see as many as 20 new restaurants this year. detne.ws/AaMSjA Map link detne.ws/wIO1Ox
@adambonin Adam Bonin I appreciate living in a City that provides police alerts for incipient Mummering activity. philly.com/philly/news/br…



