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.
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
@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?
@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