Wisconsin

Wisconsin

Wisconsin owes more than it owns.  Truth in Accounting’s (TIA) thorough analysis of state finances (below) shows Illinois does not have enough available assets to cover its debt.

  • Taxpayer Burden is each taxpayer's share of state debt, after available assets are tapped
  • TIA analyzes both state assets and liabilities, not merely pension debt
  • Most state debt in the “Taxpayer Burden” is unpaid retirement promises

  • Wisconsin has the 30th worst Taxpayer Burden of all 50

  • Retirement debt is essentially a state’s ‘credit card balance,’ showing unpaid retirement contributions from prior years 

  • Unfunded pensions leave future taxpayers with the bill for services they did not receive

For a comprehensive look into the state's financial position, read the Wisconsin Financial State of the State

Truth in Accounting’s methodology is unique, analyzing all state assets and liabilities, including unreported pension and retirement health liabilities.

    • Taxpayer Burden is each taxpayer's share of state debt, after available assets are tapped
    • TIA analyzes both state assets and liabilities, not merely pension debt
    • Most state debt in the "Taxpayer Burden" is unpaid retirement promises

  • Retirement debt is essentially a state's 'credit card balance,' showing unpaid retirement contributions from prior years
  • Retirement debt is essentially a state's 'credit card balance,' showing unpaid retirement contributions from prior years
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