Fitch Affirms New York State GO Debt at 'AA'; Outlook Positive

Fitch Affirms New York State GO Debt at 'AA'; Outlook Positive
As noted above, state finances were severely affected by the downturn. Revenue estimates for fiscal 2010 were revised downward repeatedly over the course of the year, primarily reflecting reduced expectations for the personal income tax. …
Read more on Business Wire (press release)

Fitch Rates Indiana Finance Authority's 4MM Facilities Revs 'AA+'; Outlook …
State operating revenue grew 8.9% in fiscal 2011, with particularly strong performance in personal income taxes (up 18.3%, year-over-year) and 5% growth in sales tax revenue. The state forecasts revenue growth of 3.5% in fiscal 2012 and 3.7% in fiscal …
Read more on MarketWatch (press release)

Debate About Flat State Income Tax Likely to Continue
State Senator Paula Aboud and former Tucson Mayor George Miller, both Democrats, are holding a forum to answer questions about a proposal to tax all Arizonans at the same income tax rate. The two are against the proposal, and say it would hurt …
Read more on Arizona Public Media

Tags: &#39AA&#39, Affirms, Debt, Fitch, Outlook, Positive, state, York

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