Kansas has earned a D in a new analysis of states’ fiscal health.
As The Topeka Capital-Journal reports, Kansas has the highest taxpayer burden of any Great Plains state, according to an analysis by the Chicago-based group Truth in Accounting, which found that each Kansas taxpayer would have to cough up $7,800 to help the state catch up on funding its liabilities.
But The Sunflower State wasn’t alone. 41 other states could not cover their liabilities, while only nine had enough money to cover all of the bills.
Kansas’ taxpayer burden is ranked 26th in the report, so half the states are in better shape. Just three states received As in the report, and there were six Bs, 13 Cs, 19 Ds and nine Fs.
It’s the second year in a row that Kansas has earned a D. Last year, Kansas’ per taxpayer burden was $6,500 – a far cry from Alaska’s whopping $38,200 per taxpayer burden and New Jersey’s even more astonishing $67,200 per taxpayer burden.