#4 does nothing about spending, so it won't do anything about taxation. Raising the homestead exemption will require cities and school districts to raise property tax rates in order to fund their spending.
#4 is a request for a more progressive taxation scheme.
Vote no.
I’m voting yes because over 65’s tax ceilings will be lowered due to the tax rate decreases and homestead exemption increases.
I don’t think they can raise the tax rate beyond a certain level without voter approval.