OKLAHOMA CITY (AP) -- Supporters of a proposal to limit state government spending say the plan won't harm schools or other state services.<br/><br/>State Senator Randy Brogden says his proposed Taxpayer
Wednesday, October 26th 2005, 5:57 am
By: News On 6
OKLAHOMA CITY (AP) -- Supporters of a proposal to limit state government spending say the plan won't harm schools or other state services.
State Senator Randy Brogden says his proposed Taxpayer Bill of Rights gets rid of problems in a similar law in Colorado that's created controversy.
The plan called "TABOR" requires all tax increase proposals be put to a vote of the people and calls for tax rebates in years when state revenue is strong. It would also limit spending based on a formula involving population growth plus inflation.
Supporters are circulating petitions in an effort to get the plan on the ballot for a statewide vote.
Opponents say TABOR would prevent lawmakers from dealing with budget shortfalls and would harm public services such as health care, higher education and transportation.
Colorado voters go to the polls next week to decide whether to suspend their Taxpayer Bill of Rights.
Get The Daily Update!
Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!