Reposting of TIA’s recently released report, introduction includes “This report provides Truth in Accounting’s fifth consecutive comprehensive review of state government financial conditions. The review summarizes each state’s condition in a statistic called “Taxpayer Burden.” The Taxpayer Burden represents the amount each taxpayer would have to send to their state’s treasury to fill its current financial hole. After ranking the states on Taxpayer Burden, we also identify the “Sinkhole States,” and “Sunshine States. The top five “Sinkhole States” have the highest Taxpayer Burden. The question is how can states accumulate this debt and balance their budgets at the same time. The answer is it all depends on how you count.”

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