Tax

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

Reports of a trade deal and an election that seems to cement Brexit don’t remove the uncertainties the Federal Reserve has been worrying about.

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.

For the fourth time since 1993, Oklahoma City voters have approved a 1-cent tax to build projects without the use of bonds.

John Hicks has left his position as executive director of NASBO to become Kentucky's budget director.

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.

Proposition CC, which would have repealed the revenue cap built into Colorado's Taxpayer Bill of Rights, promised to help fund three of the state's most notably underfunded buckets: K-12 education, higher education and transportation infrastructure.

Most observers were skeptical, even as markets rallied after President Trump said a trade deal with China is close.

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.