Why is a U.S. Circuit Court Judge pulling this amendment off of the November ballot? Amendment 5 will reduce
property taxes by as much as 40 percent and could help boost the housing market tremendously and this judge pulls it off stating he had issues with how the bill was presented to voters. Besides the obvious benefits, the passing of Amendment 5 would help remedy those who currently pay a disproportionate share of school taxes and spread it out amongst everyone (renters, those with children in private schools). It is a fairer way to collect school funds. Opponents of the bill fear it will remove much needed funds for the schools, but this is not necessarily so. Legislature will find another way to recoup the school money. They could easily raise sales taxes by one penny that would make up for the lost property tax funds. This judge's decision has pulled Amendment 5 off of the November ballot resulting in a disservice to voters. I assume an appeal is in order so hopefully we will see the amendment on a future ballot.
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Sheila,
I am with you! It needs to be on the ballot! I have not read much about this lately, I think it will be there and if so it will pass!