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Knut · 09-27-2011, 11:53 AM

I will copy my clarification on the penny-tax over to this thread as it is busier. Even Rutherford was seeing the value in it this morning on the radio.

The point is that the tax is not just City Council deciding to implement the tax. It will be a plebiscite with a set term for specific projects.

For instance, they will propose a 1% increase on sales tax for a 5 year period of time to fund the building of a new arena and to complete the central library. The people will decide in a referendum if that is something that they want.

It is pure democracy and allows the people to select the projects they want to fund with their tax dollars. It will also hold the city accountable as if there is waste, or if the money is going somewhere it should not, the city will vote down any proposed tax next time.

It is actually a pretty smart idea, and I am usually against any tax increase.

As an example..

http://www.okc.gov/news/2007_12/NBA_Election.html

Oklahoma city proposed something similiar before attempting to land the Supersonics from Seattle. The people decided if they would fund the capital improvements required to bring the NBA team to the city.

09-27-2011, 11:53 AM	#87
Knut Join Date: Oct 2002 Exp:	I will copy my clarification on the penny-tax over to this thread as it is busier. Even Rutherford was seeing the value in it this morning on the radio. The point is that the tax is not just City Council deciding to implement the tax. It will be a plebiscite with a set term for specific projects. For instance, they will propose a 1% increase on sales tax for a 5 year period of time to fund the building of a new arena and to complete the central library. The people will decide in a referendum if that is something that they want. It is pure democracy and allows the people to select the projects they want to fund with their tax dollars. It will also hold the city accountable as if there is waste, or if the money is going somewhere it should not, the city will vote down any proposed tax next time. It is actually a pretty smart idea, and I am usually against any tax increase. As an example.. http://www.okc.gov/news/2007_12/NBA_Election.html Oklahoma city proposed something similiar before attempting to land the Supersonics from Seattle. The people decided if they would fund the capital improvements required to bring the NBA team to the city.