The “Black Tax” in the municipal bond world

The “Black Tax” in the municipal bond world

Most of us have heard of the “Black Tax,” a shorthand reference to the ways that the structure of our society and economy imposes extra financial burdens on Black folks. It shows up even in our lovely little world of municipal finance. Black Tax: Evidence of Racial...
“Bond Referendum Transparency” is now the law

“Bond Referendum Transparency” is now the law

We wrote previously about North Carolina legislation proposed last year that proposed changes to the rules for authorizing general obligation bond referenda under the guise of “bond referendum transparency.” Those provisions have now been enacted into law, with no...