Friday, November 23, 2007

TELs: Tax-and-Expenditure Limits

Via the National Taxpayers' Union, an interesting survey by the Rockefeller Institute shows that TELs cause reduced spending and revenue (i.e., taxation) growth while having "no statistically significant impact of state-level TELs on spending in four other functional areas: education, health and hospitals, quality-of-life and amenities, and public welfare."

Read more.

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