MuniLand Snaps: August 7

August 7, 2012

Useful graphic from the Tax Foundation on states’ increasing reliance on revenue from income taxes.

Good Links

Reuters: State budgets face “considerable challenges”: study

Mercury News: California Democrats will deliver on “comprehensive” pension reform

Press Enterprise: San Bernardino council votes to ease the rules for laying off employees

The Record: Bankruptcy judge: Stockton can stop paying for retiree healthcare

Learnbonds: How credit spreads change over time

WSJ: Berkshire trims municipal credit default swap bet

@Twitter Talk

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see