This guest post from Winthrop T. Smith argues that America’s state and local governments will be soon be doing their own “quantitative tightening” thanks to the federal tax changes passed at the end of last year.
By: Guest writer
There don’t seem to be any heroes in Illinois’ budget mess. One analyst says the situation might not improve until the state loses access to capital markets altogether.
By: Alexandra Scaggs
Area megabank analyst recommends vice bonds.
Lower overall tax rates and a bigger standard deduction could more than offset the impact.
By: Matthew C Klein