The Public Purse offers you serious thinking about economic, financial and political trends at the U.S. state and local level with a focus on municipal credit risk
TAG | ballot initiatives
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Oregon Tax Hikes Passed by Voters
0 Comments | Posted by Natalie Cohen in Voter initiatives, states
Oregon voters passed Propositions 66 and 67 yesterday which support Governor Kulongowski’s budget proposal. The following link will give you detail on the propositions, the vote, the key donors to each campaign and the groups advocating pro and con. Oregon is a high income tax state and ranks high among the states with large budget deficits and [...]
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Direct Democracy and Ballot Initiatives
0 Comments | Posted by Natalie Cohen in migration, states
Midterm congressional elections will be lively this year. Conditions are ripe for tax and spending initiatives and numerous recall elections are also on the popular agenda. Budget deficits, rising taxation and runaway spending are factors leading to tax and spending limitations. Anger at the federal government sometimes gets played out at the state and local level [...]