Dick Adams wrote:
- quote -

Truthfully, all was a media-created "crisis" making sensational
headlines out of something that had not actually yet happened; nor was
at all likely _to_ happen...

It was all of one day from the time the legislature passed the revised
budget before the governor signed it w/ the expected line-item vetoes of
subsections she had said she was against from the beginning. Whether
there will be sufficient votes to override those is yet to be determined
but there will have to be some additional modifications made as KS is
one of the states w/ mandatory "balanced-budget" constitutional
requirements and they're not there yet.

But instant "crisis" is not imminent and wasn't, realistically.

Tax revenues are down, spending has got to go down to match--I fail to
see what's so hard to grasp in the concept but seems beyond Guv's ken
when 65%+ of tax revenues go to education how to be avoided?

--

--
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Tom Russ wrote:
- quote -

What I remember and still believe (but I'm willing to be convinced
otherwise):

"After all, you have to trust _someone_" -- in the context of digital
signatures and all that...

- quote -

Uh, California and Kansas? Who could have seen *that* coming?

-Mark Bole

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On Feb 17, 5:10*am, "Paul Thomas, CPA" <paulthomascp...[at]bellsouth.netwrote:

- quote -

Plus you get the fun of forcing him to issue the 1099G.

;-)

--
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dpb wrote:
....

- quote -

Just heard signed w/ a couple line-item vetoes so will still be
wrangling but legislature agreed was enough they would authorize the
fund transfers as I expected.

--

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

dpb <none[at]non.net> wrote:
- quote -

If there isn't, there should be a three semester hour PolySci course
on Political Chicken subtitled "Blaming your adversary for your actions.

- quote -

Unfortunately what happens in Topeka is typical of what happens in all
States and is just on-the-job-training for Congress.

Dick

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

Dick Adams wrote:
....
- quote -

It's a game of political chicken -- the legislature has declined to
transfer funds until the Guv'nur signs new budget and she's not happy w/
some of the provisions made to balance the current year so, so far, hasn't.

It'll all work out by then after some wrangling so I wouldn't take the
wager that KS will not pay or even delay long.

--Rural SW KS so we think they're nuts in Topeka anyway, for the most
part

--

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

Paul Thomas, CPA <paulthomascpapc[at]bellsouth.net> wrote:

- quote -

I heard on the radio this morning that State of Kansas may not be
able to issue payroll checks this Friday.

- quote -

Would that make me a gambling pool operator or a bag man?

Dick

--
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http://www.kansas.com/735/story/701750.html
BY JEANNINE KORANDA
Eagle Topeka bureau

TOPEKA - Income tax refunds and state employee paychecks could be late after
Republican leaders and the Democratic governor clashed Monday over how to
solve a cash-flow problem.

Payments to Medicaid providers and schools also could be delayed.

"We are out of cash, in essence," state budget director Duane Goossen said.

-------------------------------------







Anyone want to start a pool on how many states (or which ones) end up not
paying refunds or delay sending them out this year?

Dick can hold the cash (trust him).





--
Paul Thomas, CPA
Watkinsville, Georgia

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >