MuniLand Snaps: June 11

June 11, 2012

From the Tax Foundation on state income tax collections:

New York State, with its high marginal tax rates and wealthy tax base, collects the most – an average of $1,796 per resident. At the bottom of the list are seven states with no state income tax – Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.

MuniLand Snaps: June 8

June 8, 2012

California is trying to plug a $16 billion hole in its upcoming budget. Meanwhile the California Franchise Tax Board believes $10 billion is owed to the state every year, but never paid, as a result of this underground economy. (Video via KFSN)

MuniLand Snaps: June 7

June 7, 2012

The National Council of State Legislators reports:

In the past year, 27 states enacted more than 55 bills related to energy efficiency. Much of this legislation focused on addressing the up-front costs of energy efficiency upgrades through financing, similar to many of the renewable energy bills passed in the last year. Legislation also covered energy efficiency standards and goals, green building codes, energy efficiency improvements and promoting energy efficiency and savings.

MuniLand Snaps: June 5

June 5, 2012

Although it’s unlikely that the federal budget will be balanced for years, some, like Larry Summers, argue that the nation should issue more debt to spur economic growth. The Congressional Budget Office details historical trends in revenue and outlays. The Hill says that a CBO report projects U.S. debt will double GDP by 2037.

MuniLand Snaps: June 4

June 4, 2012

California Controller John Chiang, the state’s chief fiscal officer, sits down for an interview with Bloomberg. This is an unedited video. California is the nation’s biggest state economically and has an unemployment rate of 10.9 percent, or 2.7 percent greater than the national average.

MuniLand Snaps: June 1

June 1, 2012

Michelle Obama appeared on ABC’s The View Tuesday morning to promote her new gardening book, American Grown: The Story of the White House Kitchen Garden and Gardens Across America. The Christian Science Monitor had a nice write-up.

MuniLand Snaps: May 31

May 31, 2012

Richard Florida of the Atlantic Cities has done a wonderful job chronicling the rebirth of Detroit. Only time will tell if what he is documenting is just clusters of economic activity or whether it is broad-based enough to stabilize the city and its tax base. He is well worth a follow.

MuniLand Snaps: May 29

May 29, 2012

As summer unofficially opens, here’s a poem to biking from People for Bikes.

Good Links Sorkin’s Glass-Steagall straw man

Bloomberg: Underwriters paying to pass bond issues face scrutiny

Bond Buyer: About $84 billion of coupon and maturing bonds coming in June and July

MuniLand Snaps: May 25

May 25, 2012

Todd Park, the U.S.’s chief technology officer, calls for all “bad-ass” coders to serve a short stint in the federal government doing computer programming. Here is more from Techcrunch.

MuniLand Snaps: May 24

May 24, 2012

Have a look inside “North America’s greenest hotel” to see how it’s been done using existing technologies. Meanwhile, Bloomberg reports that Portland is No. 1 for bike commuting in the U.S., according to the 2010 Census.