As a matter of policy, the “best” tax is one that does the least possible harm to the economy and to its citizens. With this in mind, lawmakers should continue to focus on delivering tax relief, while shifting from property taxes to consumption-based taxes for the long term.
Here Come the May 2024 Bond Elections
On Saturday, voters around the state will say YEA or NAY to at least 270 separate bond propositions worth an estimated $17.4 billion in new debt (principal only). Any new debt endorsed by voters will, once issued, be added to the existing local debt service outstanding amount, estimated at $461.3 billion in FY 2023, as...