The Nation: The Topeka Formula

Other states should have the Kansas problem: What to do with so much money? Even as New York's Governor Hugh Carey was trying to wring $1 billion in revenue measures out of his legislature to help wipe out a huge deficit, frugal Kansas was sitting on a budget surplus of $179 million. Now the state government is being badgered by all sorts of groups that want cuts from the pie. City governments are clamoring for some form of revenue sharing. Educators want more for schools. There are pleas that state taxes be lowered, even though they have not been raised in...