Moody's Talks - Muniland

Sales taxes help state and local governments soften inflation blow

Episode Summary

Rising prices are boosting state and local governments’ sales tax revenue, lessening their burden from inflation-driven cost increases. Plus, Marcia Van Wagner, who is retiring as a state analyst, speaks about her career path and offers some insight into how today’s inflationary environment compares with the turmoil in the 1970s and 1980s.

Episode Notes

Rising prices are boosting state and local governments’ sales tax revenue, lessening their burden from inflation-driven cost increases. Plus, Marcia Van Wagner, who is retiring as a state analyst, speaks about her career path and offers some insight into how today’s inflationary environment compares with the turmoil in the 1970s and 1980s.  

Guests: Moody’s Investors Service; Doug Goldmacher, vice president – US Public Finance, Moody’s Investors Service; Marcia Van Wagner, vice president – US Public Finance, Moody’s Investors Service

Host: Nick Samuels, Senior Vice President - US Public Finance, Moody’s Investors Service