TaxVox: Tax-exempt bonds

Congress Should Do More Than Block Tax-Exempt Bonds For Pro Sports Stadiums

March 4, 2022 –

Virginia’s efforts to subsidize a stadium and mixed-use commercial development for Dan Snyder and his Washington Commanders NFL football team would be a foolish waste...

Congress Must Do More To Help States And Localities Respond To COVID-19

March 30, 2020 –

The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law last week will allocate roughly $200 billion in fiscal relief to...

Reality-Based Assistance for Troubled Communities and Regions

October 12, 2018 –

Americans appear deeply divided, in part because they are experiencing vastly different economic outcomes based on where they live. What causes these regional disparities? How...

Everyone Should Cheer the End of Tax-Exempt Bonds for Sports Stadiums

November 6, 2017 –

The tax bill that House Ways and Means Chairman Brady rolled out on Thursday will generate lots of partisan and ideological fights over the next...

State and Local Issues

Who Benefits from Muni Bonds? It’s More Complicated Than You Think

October 29, 2013 –

Who benefits the most from the tax subsidy for municipal bonds? The easy answer is: Rich people who buy most of the tax-free paper. That’s...

Federal Budget and Economy

Using Tax Exempt Bonds to Demolish Homes: Another View

April 10, 2012 –

Last week, I blogged about a plan to use tax-exempt bonds to finance the demolition of vacant homes in distressed Midwestern neighborhoods. Rolf Pendall, director...

Federal Budget and Economy

Should Muni Bonds Pay To Demolish Buildings?

April 5, 2012 –

Two Ohio Members of Congress have introduced a bill to allow states to issue tax-exempt bonds to demolish buildings. Not to build them, but to...