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NH Annual Town Meetings Are Coming – Would You Like a Tax Cap?

I just got my latest tax bill in the mail – once again, I’m working on TMEW to allow me out of my “never run for BudComm again if you let me serve a 3rd term,” as it seems that the Progressive-captured BudComm in my hamlet didn’t see a funding request it disliked. SideNote: Bruce … Read more

City of Nashua seth-dewey-EOlo15oy8Ks-unsplash

The Spending Cap Is Back

Nashua adopted a budget cap by its charter through a city-wide referendum in the year 1993. The
cap on spending was enforced over a 25-year period, with only a few “override” votes, until the city
government decided to permanently exclude about $17 million from the cap for sewer expenses
through the adoption of an ordinance.

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Who Wants A Tax Cap?

If we rely on our elected or appointed officials (aka, the “elites”) to restrain spending of tax dollars on their own volition, we are kidding ourselves.

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Quotes

Notable Quote – James Buchanan and Roger Congleton

It is evident that a constraint or limit on the taxing power or authority of government means little unless this constraint is also accompanied by constraints on the spending power. If a government can implement direct transfers in a discriminatory manner, then members of any ruling coalition can capture for themselves any desired share of … Read more

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