Quantcast
Don't Miss
Home / Top Stories / Constitutional loophole might allow tax hike without supermajority (access required)

Constitutional loophole might allow tax hike without supermajority (access required)

A loophole in a constitutional provision that requires two-thirds of lawmakers approve a tax increase might allow legislators to raise taxes to cover massive budget deficits in the next few years without going to the ballot. Essentially, lawmakers could raise taxes in the short-term, as long as they also approve tax cuts of equal or greater ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

 

Scroll To Top