[转贴] MUNI BONDS: Nightmares for main street

not4weak

http://finance.yahoo.com/video/c ... ain-street-23849263
ＩＬＬＩＮＯＩＳ已经把ＴＡＸ涨了６６％

not4weak

5# 何鸿燊
能不能买ＭＵＮＩ呢？　

何鸿燊

In NY, NJ, CA, averagetotal salary of a  policeman is 100k。 That's simply not sustainable.

何鸿燊

3# not4weak


Maybe a very small number of cities or even counties have chances to go bad in order to negotiate with unions.

Otherwise state can always increase tax and/or cut spending (say reduce retirement payout and increase public worker's share of healthcare premium). The politicians and residents eventually have to face the reality.

not4weak

2# 何鸿燊

Muni bonds: will they be trashed or any opportunities?

何鸿燊

1# not4weak


个人税从3%到5%而已。 公司税到7%。 还不算过分。