Tax

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Proposition CC, which would have repealed the revenue cap built into Colorado's Taxpayer Bill of Rights, promised to help fund three of the state's most notably underfunded buckets: K-12 education,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

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

The Chicago Civic Federation supports the proposed budget despite worries

NDH founder Scott Haber told Louisiana officials that state tax credits can provide seed funding for public-private partnership projects.

Gov. Brian Kemp asked state agencies to reduce spending by 4% in the current budget and by 6% in fiscal 2021.

The port saw a 19.1% year-over-year drop in port container traffic in October amid the trade war with China.

Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.

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.

Texas continued its record-setting pace in October with monthly sales tax revenue growing 7% year-over-year to $2.82 billion.

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

Though the market may view Chicago's budget as heading in the right direction, relying on the state is a gamble that's a concern for aldermen, too.

Nearly two in three finance officers in large cities predict a recession in the next year or two.