To: Blood of Tyrants
Definitely pro-tax. These people are idiots. From the Colorado section:
"For the past decade, a constitutional amendment has crippled Colorado's representative government when it comes to fiscal issues. Dubbed TABOR , for the Taxpayer's Bill of Rights , it strangled officials' ability to raise taxes by adding to the state's constitution the requirement that voter approval be obtained for any tax increase.
TABOR also limits annual revenue growth to the sum of inflation and population increase. Any revenues collected beyond that ceiling must be refunded to the state's residents. What if the treasury is starved for cash? Too bad. The voters have to grant permission for the government to retain the money. This was tried. It failed. (Interestingly, TABOR also applies to local governments, and they?ve been successful in the majority of their attempts to retain extra funds.)"
In the first sentence they say TABOR is bad, then they say it works. I say it works. TABOR hasn't crippled representative government, it has just restrained the spending habits. Sure we have a deficit. I'd rather we have a deficit and have to cut programs, like businesses have to in a recession, than insulate government from economic cycles by raising taxes.
- Mark
14 posted on
02/04/2003 7:46:07 AM PST by
mpreston
To: mpreston
To the left, anything that checks ulimited government spending is bad.
16 posted on
02/04/2003 8:04:41 AM PST by
Blood of Tyrants
(Even if the government took all your earnings, you wouldn’t be, in its eyes, a slave)
To: mpreston
And, if I am not mistaken, Mark, Colorado is in the best financial condition of any state government in the US, except of course, Alaska and Wyoming, which have substantial mineral resource revenues.
Am I wrong about the state of Colorado's finances?
17 posted on
02/04/2003 8:53:48 AM PST by
Taxman
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