Provoked by legislators, online retailers have filed a lawsuit against the state that could have taxing consequences nationwide.
He’s not the governor. He’s not a lawmaker. But thanks to the way he runs his state’s pension plans, David Bronner may be the most powerful man in Alabama.
Bad press has blurred the fact that not all public pension plans are underfunded and overly generous.
At least one state is using the experience to find a new way to prepare for the next recession.