This is republished content originally hosted on the Mercatus’ Center former blog, Neighborhood Effects. Many eyes are on Kentucky policymakers as they grapple with finding a solution to their $40 billion state-reported unfunded public pension liability. As talks of a potential pension bill surface, various proposals have been made by legislators, but very few have gained traction. OneContinue reading “The use of locally-imposed selective taxes to fund public pension liabilities”