Reports by Karen Lyons
Results per page: 50 | 100
Results by year: 2007 | 2006
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The Problems with Property Tax Revenue Caps
June 21, 2007
Several states (Connecticut, Florida, Minnesota, New Jersey, Rhode Island, and Texas) have recently considered imposing severe caps on property tax revenue.[1] These caps restrict the amount that property tax revenue can increase from year to year to a low fixed percentage, a formula based on the inflation rate, or some combination of the two.… -
The Property Tax Circuit Breaker
March 21, 2007
Many individuals and families who pay a high share of their income in property taxes are eligible for “property tax circuit breakers”— refunds provided by the state government to those whose property tax payments are deemed too great. Some 18 states deliver roughly $3 billion per year in circuit breaker programs.[1] … -
A Frigid Forecast for the Sunshine State: Proposed Revenue Cap as Damaging as Colorado’s TABOR
March 20, 2007
Recently, the Speaker and other leaders of Florida’s House of Representatives unveiled details of their comprehensive property tax relief proposal. One component is a constitutional limit on state and local revenue growth.[1] This proposal deserves a great deal of attention because it is almost a carbon copy of Colorado’s Taxpayer Bill of Rights … -
A TABOR at Heart: South Carolina's H. 3295 Spending Cap Proposal
March 9, 2007
A proposed bill in South Carolina to limit state spending — H. 3295 — contains the core element of Colorado’s Taxpayer Bill of Rights (TABOR). It limits spending using a formula based on population growth plus inflation. H. 3295 can therefore be expected to cause a deterioration in public services in South Carolina similar …
