Prop 8 has some terrible consequences for citizens.
Encourages waste: Changing the tax cap will penalize savings in government by creating a "spend it all" incentive at year end.
Kills property tax rebates: It will make it impossible to rebate money to the taxpayer when we have unanticipated savings, like low snow years.
Hurts public safety: We all know Anchorage needs to add more police officers. This change in the cap will make that impossible.
The current tax cap works fine.
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Paid for by Protect The Tax Cap, 3333 Denali St., Ste. 125, Anchorage, AK 99503. Top three contributors are Ethan Berkowitz, Barney Gottstein and the Alaska AFL-CIO, all of Anchorage. I, Joelle Hall, Chair, authorized these statements.