A Mixed Bag for Tax-Related Measures on Ballots Across the Country
No clear pattern emerged yesterday in tax measures that appeared on the ballots in some states, with similar provisions meeting different fates in different states. Here’s a rundown of the fates of some notable tax-related ballot measures:
- In Michigan, voters resoundingly defeated a measure to amend the state’s constitution to require a two-thirds majority of the state House and Senate or a statewide referendum to raise taxes.
- In Florida, voters rejected rigid limits on state spending, which would have forced deep cuts education, roads, and highways.
- Also in Florida, a proposal failed that would have given property tax breaks to new homeowners, second homeowners, and businesses.
- In Arkansas, voters approved a half-cent sales tax increase to fund highway improvements.
- California residents voted to pass a temporary increase in the sales tax, and an increase in the income tax for the highest earners.
- In Oregon, voters chipped away at a law that required that state revenue in excess of projections be returned to taxpayers. Oregon residents approved a change that diverts refunds to corporations to a fund that supports the state’s public schools.
- Arizona voters rejected a proposal to give businesses a break on property taxes on business equipment.
- A measure to phase out Oregon’s estate tax failed.
- Oklahoma voters approved a constitutional amendment that caps the increase in some property taxes to three percent, down from five percent.
- In Arizona, voters rejected a one-cent sales tax increase, most of which would fund education.
- In South Dakota, voters rejected a one-cent sales tax increase, which would have funded education and Medicaid.
- Missouri residents voted against a proposition that would have increased the state’s tobacco tax from 17 cents for a pack of cigarettes to 90 cents. Half the money was slated to go to local schools, and another portion earmarked for anti-smoking efforts.
- In Arizona, voters passed a five percent year-over-year cap on the taxable value of homes.
In addition, voters approved approved hikes in the minimum wage in three cities: Albuquerque; San Jose, California; and Long Beach, California.