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Regional News
L.A. City Council Approves Sales Tax Measure
by: Keeley Webster
Wednesday, November 14, 2012
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The Los Angeles City Council voted in favor of placing a half-cent sales tax on the March ballot to help the city combat its financial woes.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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