Initiative surplus?

OCTOBER 19, 2017 | by Paul Jacob | COMMONSENSE

Includes “… Sheila Weinberg, TIA’s founder, works hard to counter governments’ creative accounting … Seven of the nine states with a 'taxpayer surplus' — where government can pay its bills and meet its obligations — have the ballot initiative process. The 23 initiative states comprise 46 percent of the states. Yet, initiative states comprise a whopping 78 percent of financially healthy states. Of the 20 states carrying a larger-than-average taxpayer burden, 15 states (75 percent) lack the initiative process. ...”

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