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Fiscal Cliff › Municipal Bonds

Fiscal Cliff is a non-technical economic term used popularly to describe a series of tax increases and mandatory budget cuts set to occur at the beginning of 2013.  The term "cliff" refers to the... more +
Fiscal Cliff is a non-technical economic term used popularly to describe a series of tax increases and mandatory budget cuts set to occur at the beginning of 2013.  The term "cliff" refers to the idea that such increases and cuts would be catastrophic to the fragile economy and consequently, force the economy off of a metaphorical cliff. less -
Ballard Spahr LLP

How the New ‘Fiscal Cliff’ Law Affects the Municipal Bond Market

Ballard Spahr LLP on

The American Taxpayer Relief Act of 2012 (the Act), passed by the Senate and the House and Representatives on New Year’s Day and signed by the President on January 2, 2013, includes several direct and indirect consequences...more

Mintz - Public Finance Viewpoints

Detroit's "Fiscal Cliff" and Michigan's Response

Mintz - Public Finance Viewpoints on

Detroit’s increasingly distressed financial condition has created a dynamic and rapidly evolving situation where the potential of a Chapter 9 filing appears to be the subject of renewed discussion and legislative attention. ...more

McCarter & English, LLP

Will Muni Tax Exemption Fall Off Fiscal Cliff?

McCarter & English, LLP on

With the fiscal cliff looming ever closer, recent talk in Washington, D.C., suggests both parties are seriously considering limiting the benefits of the federal exclusion from gross income for interest income earned on...more

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