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Nevada Governor Proposes Liquor Tax-Backed GOs
by: Keeley Webster
Monday, February 4, 2013
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Nevada Gov. Brian Sandoval proposed issuing general obligation bonds backed by liquor taxes to fund $58 million in capital projects because the state still has no capacity for its traditional property-tax backed GOs.

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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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