“Has the American voter's ardor for cutting taxes and shrinking government cooled? Voters in California, Colorado and Washington State rejected ballot measures this month that would have rolled back tax increases or limited state spending. Some say the votes could mark a turning point in a decades-old revolt against high taxes that got its symbolic start in California in 1978 with Proposition 13, which sharply limited property tax increases for homeowners and cut deeply into state services.” (New York Times, Tuesday)
What’s to like about taxes?
FEE Timely Classic
“The Hidden Cost of Taxation” by Dwight R. Lee