Tax Expenditure Limits Prevent Government’s Balancing Act0

• Tax & Spending
• September 17, 2021

Imagine the Kansas budget as a tightrope walker, with taxing and spending on opposite sides of their balancing rod. If the government spends significantly more than it taxes, this leads to deficits and  “bust-type” budgeting. Likewise, if the government collects more in taxes than it spends, you end up taking more from taxpayers and get