Kevin McCarthy, ATRA, in his own words:
 
"One of the reasons why for ever since I've been doing this somebody runs a measure to put on the ballot some significant limitation on growth in value. Instead of a 10% limit its going to be 2 like Prop 13. Local governments don't show up and oppose that. Why? They couldn't care less. If you don't do anything to limit their take on revenue they'll just adjust the tax rate. The notion that they are that spooked about raising the tax rate is a misnomer. They'll increase the tax rate if they have the ability to do it and grow the levy so short answer is yeah, that is actually built into the system. That's the way the toggle works."
 
SCR 1025 is that very measure being put on the ballot to limit valuation growth, exactly what Mr. McCarthy describes as an inconsequential action. "...they'll just adjust the tax rate."
 
SCR 1025 limits valuation increases to 5% per year.
SCR 1025 does nothing to limit tax rate increases.
SCR 1025 does nothing to limit the tax levy.
SCR 1025 does nothing to limit your property tax bill increases
 
SCR 1025 incorrectly leads you to believe your tax bill increases have been limited in some manner.
SCR 1025 incorrectly removes your motivation to seek effective tax reform that truly limits tax bill increases.

Views: 57

THOUGHTS

My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson

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Suppose the earth and its inhabitants exist in order to identify just what causes mankind continually to suffer so many troublesome problems and afflictions.

 

GOD, PLEASE BLESS AMERICA!  AMERICA, PLEASE BLESS GOD.

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FOR THOSE OF YOU WHO PRAY, KEEP ON PRAYING. HE HAS HEARD OUR CRY AND HE IS ANSWERING.

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