MuniLand Snaps: May 23

May 23, 2012

The Tax Foundation is reporting that the House of Representatives may take up H.R. 1864, the Mobile Workforce State Income Tax Simplification Act of 2011. The CBO describes the legislation as prohibiting states from taxing the income of employees who work in the state for fewer than 31 days. The prohibition would not apply to the income of professional athletes, entertainers or public figures.

MuniLand Snaps: May 21

May 19, 2012

There is a new movement afoot on the fringes of urban society called “depaving,” or removing asphalt from small urban areas to make green, community spaces.

MuniLand Snaps: May 18

May 18, 2012

The Upstate New York public media blog Innovation Trail has a tour of the Rochester City Hall’s new green roof.

MuniLand Snaps: May 17

May 17, 2012

The dirty side of consumption, or what happens to our trash? Hat tip: Boing Boing.

MuniLand Snaps: May 16

May 16, 2012

GovTech interviews some state and city chief information officers about their use of Twitter, Facebook, Foursquare and YouTube to change how government operates and interacts with citizens.

MuniLand Snaps: May 15

May 15, 2012

The Tax Foundation brings us a map showing that certain states have had much stronger increases in their percentage of wealthy taxpayers than others. North Dakota takes the top spot and is followed by other energy-rich states.

MuniLand Snaps: May 11

May 11, 2012

It’s National Train Day tomorrow, and Amtrak is riding the rails. All aboard!

Good Links

Reuters: Bernanke warns lawmakers on looming fiscal risks

USA Today: Study: Economic mobility depends on the state you live in

Bloomberg: States borrow to cover pension fund shortfalls

Bond Buyer: MSRB cites cases that show need for better dealer fair-dealing

Morningstar: Another good analysis of how muniland has a lot more credit risk now

MuniLand Snaps: May 10

May 10, 2012

Bob Nelson of Thomson Reuters Municipal Market Data and I, along with several others, went back and forth on Twitter about how public pension funds manage their investments. Nelson tweeted out the chart above comparing the investment returns for Calpers, the giant California public employee pension fund, with index returns for equities and fixed income. It looks as if Calpers has some very good returns.

MuniLand Snaps: May 9

May 9, 2012

Detroit Mayor David Bing (@mayordavebing) updates Michigan Governor Rick Snyder (@onetoughnerd) on budget issues. It’s great to see the collaboration.

MuniLand Snaps: May 7

May 7, 2012

The American Society of Landscape Artists posts this video called “The Edible City”: