Income taxes

San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.

More will be clear once the state gets a full tally of receipts from the July 15 tax deadline, but a rocky road lies ahead in any case.

Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.

The monthly drop collectively topped $60 billion.

GFOA will be launching a new online learning-management system by the end of the year to connect its members.

When April data becomes available in about a month, it is expected to beging showing the full force of the shutdown of nationwide economic activity.

Wisconsin Gov. Evers said he remains open to an income tax cut but only if it's accompanied with more education funding and property tax relief

Gov. J.B. Pritzker unveiled a $42 billion general fund budget for fiscal 2020.

The Institute on Taxation and Economic Policy in Washington as well as Americans United for Separation of Church and State are objecting to that aspect of the proposed IRS regulation.

The market awaits Gov. J.B. Pritzker's fiscal 2021 budget proposal next month before turning to November's progressive income tax vote.

The New Jersey governor is continuing his push for a tax on incomes above a million dollars after lawmakers rebuffed him during his first two years in office.

Another round of tax legislation is not expected to emerge until the very end of the year after the presidential election or in 2021 after a new Congress is sworn in.

The legislation, which would make tax-exempt municipal bonds more attractive for high-income income retail customers, has no chance of becoming law.

The additional revenue from permanently increasing the top individual tax rate to 39.6% from the current 37% would help pay for a temporary two-year suspension of the SALT cap.

The Metropolitan Nashville Airport Authority prices $807.7 million in subordinate bonds Thursday for the capital plan.

The $10,000 limit on the SALT deduction caused an estimated 10.88 million individual taxpayers to lose $323.1 billion in tax deductions for the 2018 tax year.

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

Kenneth Potts, senior vice president and portfolio manager at Fiera Capital, checks in on the state of the municipal bond market. He talks about the effect of the SALT deduction on high-tax states and supply and demand factors in this podcast recorded in September. Chip Barnett hosts.

The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.