America’s Next Tax Revolt

Did you see this editorial in Friday’s Wall Steet Journal? Excerpts:
“It hasn’t yet hit the intensity level of Howard Jarvis’s Proposition 13, the famous ballot measure that slashed California property taxes by 30% and sparked a nationwide tax revolt in the late 1970s. But activists in at least 20 states — from Alaska to South Carolina — are working to enact Taxpayer Bill of Rights (Tabor) laws to cap runaway state spending and tax increases.”
“Last week in Richmond, Virginia, taxpayer groups from 30 states gathered under the banner of the State Policy Network to discuss how to insert these anti-tax restrictions into state constitutions.”
The Rio Grande Foundation is taking part in this revolt. Stay tuned this summer as we further our documentation of runaway state spending in New Mexico.

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