Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ElkGroveDan
But Dan, when voters approve a bond issue, they ARE approving a tax...

That is how the state gets the money to repay the bond principle and interest.

10 posted on 06/09/2012 7:18:51 AM PDT by Positive (Nothing is sadder than to see a beautiful theory murdered by a gang of brutal facts.)
[ Post Reply | Private Reply | To 8 | View Replies ]


To: Positive
But Dan, when voters approve a bond issue, they ARE approving a tax... That is how the state gets the money to repay the bond principle and interest.

I understand that. It is an indirect tax. I have written several ballot arguments against bonds that were published in the official voter information packet over the years -- which is why I referred to this year's measure as a "direct tax." The voters have seen those and rejected them every time. Meanwhile there was no bond on the ballot to compare, so my statement stands. While this was a very welcome outcome, it's not evidence of any new behavior pattern from voters.

20 posted on 06/09/2012 8:05:35 AM PDT by ElkGroveDan (My tagline is in the shop.)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson