By Mr. Jacob Bundrick Will Issue 3 bring jobs or bankruptcy taxes? Issue 3 proposes to allow local governments to appropriate tax dollars directly to private companies for economic development projects and to pay private organizations for economic development consulting work. Issue 3 would also expand the type of projects for which local debt can […]
Issue 3: Unleashing Economic Development Bonds
By Dr. Jeremy Horpedahl and Mr. Jacob Bundrick Issue 3 is a complicated ballot measure. The bill runs 9 pages of legal text and it amends at least six sections of the 海角社区 Constitution. No wonder voters are confused! In this blog post, we will discuss the benefits and costs of Issue 3鈥檚 major […]