How state tax cuts in Kansas raised municipalities’ borrowing costs

New research reveals that big tax cuts can sometimes be worse for the fiscal health of states and localities than previously estimated. This is the finding of a new paper entitled “State Tax Cuts and Debt Market Outcomes,” to be presented at the 2018 Municipal Finance Conference at Brookings. In their paper, Komla Dzigbede of … Continue reading How state tax cuts in Kansas raised municipalities’ borrowing costs