TABOR

Sigh. Oh boy. From the Oklahoman:

State spending plan proposed

By Ryan McNeill
The Oklahoman

A pair of conservative-oriented think tanks are proposing a plan they say would control Oklahoma's spending and encourage economic development.

A study called "A Taxpayer's Bill of Rights" was released Wednesday at the state Capitol by the Oklahoma Council of Public Affairs and the Americans for Prosperity Foundation. It questions the growth of state spending during the last decade, saying the plan would limit government growth and return surplus money to taxpayers.

Sen. Randy Brogdon, R-Owasso, said he will introduce legislation proposing a constitutional amendment that would implement the plan, similar to one in place in Colorado. It would limit annual government growth to the rate of population growth plus inflation.

"State government should not grow faster than the family budget," Brogdon said during the news conference.

Surplus revenue would go into the state's Rainy Day Fund, and some would be returned to taxpayers, according to a written release.

Comments

[Peter Westre]

TABOR is really stupid policy. Read it as lets race to the bottom. Colorado went from one of the best educational systems to one of the worst educational systems in less than a decade. Just say no to TABOR.

[bruce]

I posted a link back a fews day ago to an article saying that many republican governnors, facing less federal money, have backpedaled on their low tax attitudes, including Colorado where they have TABOR. This type of policy is an outgrowth of the "let somone else pay for it" opinion. We can't have first world roads and schools with third world taxes.