Uncapping a taxing formula

Government leaders finding 2 percent tax cap not so simple after all

— Possible impacts for education are why Daniel is opposed to the limit. She said if people understood “possible implications for school funding” their support from the cap might waver. School boards would have to set a vote for the public to override the cap and if 60 percent of voters share their support the cap can be lifted.

“We are withdrawing public support of education at all levels … and I personally think that is a big mistake,” she said. “We need an educated workforce.”

If the rate of inflation does increase greater than 2 percent, she said, government and schools could also see their purchasing power drop along with the value of a dollar. The cap only prescribes adhering to the rate of inflation if it falls under 2 percent.

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