The Buck Should, Quite Literally, Stop Here : Only the Governor can prevent a tax increase Byron Schlomach, Goldwater Institute Daily Email, April 10, 2008 On Tuesday, the Senate barely passed a bill that would permanently repeal the County Equalization Tax (CET) on property. Unfortunately, a gubernatorial veto is very likely. In 2006, when the state was swimming in surplus funds, the tax was suspended for three years. The CET was one of the finance streams that flowed to schools. Since then, other state money has made up the difference to schools. Today, analysts for the legislature estimate the CET...