Kansas schools use tax dollars to sue for more tax dollars
OSAWATOMIE — Kansas lawmakers are looking to pull the plug on a vicious loop of public spending, and they could use the threat of jail time to do it.
Read More →THURBER: Tax levies compete with private spending
By Maggie Thurber | Special to Ohio Watchdog
Throughout the year, but especially near elections, proponents of tax increases like to use the phrase “it’s only” — as in, it’s only 25 cents a day.
By describing millions of dollars in increased revenue as “only a quarter a day,” they hope voters will approve their request for [...]
IL: State’s debt equals $55K for every private-sector worker, report says
By Jayette Bolinski | Illinois Watchdog
SPRINGFIELD — Every private-sector employee in Illinois would have to pony up more than $55,000 each to pay for all of the state’s accrued debt, according to a new analysis.
Illinois has $271.1 billion worth of debt, among the worst states in terms of total debt, according to a report by [...]
Video: Michigan’s “job protection” proposal
Few Michigan workers will see any protection from the so-called Protect Our Jobs plan being pushed in Lansing. More from the Mackinac Center.
Read More →BOSSE: NH needs real pension reform, not just riding the wave
By Grant Bosse | New Hampshire Watchdog
CONCORD — I have it on good authority that “the private sector is doing fine,” but America’s public pension systems are struggling.
The New Hampshire Retirement System recently downgraded the expected rate of return on its investments from 8.5 percent a year to 7.75 percent. Returns for fiscal 2012 were [...]
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