Tax

A high court ruling on online sales taxes that favors the states “could gradually improve long-term revenue growth prospects,” Fitch said.

Muni issuance will pick up next year, said George Friedlander, managing partner of Court Street Research Group.

Alaska's credit quality and the future of some existing and proposed bonding programs hang in the balance as lawmakers wind down the clock in Juneau.

The proposed legislation formally allows certain but not all taxpayers to have access to their IRS audit case file prior to dispute resolution hearings, ending the requirement to file a request under the Freedom of Information Act.

For the first time in nearly 30 years, Oklahoma has raised taxes to deal with a teachers strike, a credit positive step, says Moody's Investors Service.

The Legislature's budget failed to provide debt service on some bonds, decimated reserves, and lacked full funding for core services, Gov. Matt Bevin said.

Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.

It's important and constructive to talk about these kinds of alternatives to advance refundings, market participants said.

Voters in Wisconsin also rejected a measure to abolish the state treasurer's office.

Surging sales tax revenue shows economic strength across several sectors, Texas Comptroller Glenn Hegar says.