• Truth in Accounting Highlights Uncomfortable Truths About Kansas Pensions

    Truth in Accounting Highlights Uncomfortable Truths About Kansas Pensions0

    Truth in Accounting’s Financial State of the States for 2021 ranks Kansas 27th in fiscal health nationwide with an overall grade of a D. This rank is due to the state’s $7,500 burden per taxpayer to pay off its $6.7 billion in debt, including unfunded retirement benefit and pension plans. The state has “only set

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  • Tax Expenditure Limits Prevent Government’s Balancing Act

    Tax Expenditure Limits Prevent Government’s Balancing Act0

    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

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