Let me first start out by saying, I'm no tax expert, in any means. I've heard everyone talking about Amendment 1 and how it is so great. Vote Yes. That's all I heard.

My question is this. How does Amendment 1 benefit someone who owns a home worth $850K and yearly taxes are $7,100? So you get around $300 tax relief? How is $300 for the year going to help? That's $25 a month or $6.25 a week. What could this person possibly do with that extra money? A gallon of milk and a loaf of bread, if that.

So you get to take your current tax amount with you, when purchasing another home. Correct me if I'm wrong, I've been known for that, Amendment 1 is limited to $500K? So this particular person wouldn't be able to upgrade and keep their current tax amount. If they downsize, I'm sure they wouldn't want to carry a $7,100 a year tax bill with them to say a $400K or $350K home.

Wouldn't Amendment 1 then be considered a Tax Break for a certain "Class"? If so, how is that fair? I know it's a little late, since it already passed but if someone has any type of clarification on this, I would greatly appreciate it.