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À propos de : A Comparison of Fiscal Consequences for Tax and Expenditure Limitation Proposals        

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  • A Comparison of Fiscal Consequences for Tax and Expenditure Limitation Proposals
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  • Three constitutional tax and expenditure limitation proposals are analyzed for historical consequences. The first and second allowed 32% less state spending and $710 million less in local government aid compared to actual. The first proposal also imposed limits on local government units and allowed property taxes to increase about 5% more than actual. The second proposal covered state revenues only and would have required a 29.7% increase in property taxes to fully replace the reduction in local government aid. A third proposal excluded local government aid but effectively covered only half of the state general fund revenues.
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