By Tazra Mitchell
Budget & Tax Center Fellow
House Bill 274, the so called Taxpayer Bill of Rights (TABOR), would cap growth in state appropriations to inflation plus population growth. This rigid and fundamentally flawed formula would force permanent cuts to education, public safety, health care and other key services that support our economy and quality of life.
Much of what makes North Carolina a great place to do business, including our educated workforce, would be undone by TABOR. In Colorado, the only state to have put the law into its constitution, TABOR did so much damage to key services that voters chose to suspend it. TABOR is a proven failure. Don’t force North Carolina down this same, dangerous path.