AARP North Carolina today weighed in against a constitutional amendment arbitrarily limiting state spending. The proposal, misnamed the Taxpayer Bill of Rights (TABOR), passed the Senate last year even though several states have rejected a similar plan that would make it all but impossible for future lawmakers to make important investments in education, human services, and environmental protections.
Colorado is the only state with strict TABOR limits in its constitution and the state has suffered mightily as a result. Rob Schofield explained the problems in a piece two weeks ago that was aptly titled “The HB2 of state budget and tax policy.”
Here is how the AARP North Carolina release put it.
AARP State Director Doug Dickerson explains, “Although lower income taxes sounds pretty attractive, it’s deceiving. Every state that has considered TABOR ended up rejecting the concept because the theory fails in the long run. It does more harm than good. It is essential that North Carolina has the flexibility it needs to provide basic services to our people, such as law enforcement, road repair, public libraries, and senior services. TABOR results in a falling apart of these essential services, which then affects job stability, future job creation and individual financial security.”