TABORTruth.org Not Quite So
From wichitaliberty.org
By Bob - Created October 5, 2005
Right away the website tabortruth.org states:
"TABOR proponents are baiting citizens with the allure
of tax cuts, ..."
My understanding of proposals for a TABOR in Kansas
doesn't include tax cuts, except in one case. That's because
taxing and spending will proceed in this way: First, spend up
to the limit imposed by the sum of inflation plus population
growth. Then, put some tax money away in the emergency and budget
stabilization fund. Then -- and only then -- if there were excess
tax revenues, they would be sent back to the taxpayer. This
doesn't sound to me like much of a tax cut.
It is likely that politicians will vote to spend
all they can under TABOR limits, so it is quite likely that
Kansas spending and taxes will continue to rise. It's just that
now there is a limit on the rate of growth. In the peculiar
language of Washington and Topeka, a reduction in the rate of
growth is called a "cut," so maybe in the hearts and
minds of the authors of tabortruth.org, there will be "tax
cuts."
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Source URL:
http://wichitaliberty.org/node/169
Bob Weeks
bob.weeks@cox.net
Website at http://wichitaliberty.org