TABOR (Taxpayer Bill of Rights) is Colorado constitutional amendment proven very effective at fixing politician's overspending habits.
More here:
danieljmitchell.wordpress.com
danieljmitchell.wordpress.com
Switzerlands also has something similar:
danieljmitchell.wordpress.com
Only thing which works in fiscal policy is hardcore limit on government spending. Because even if somebody fixes economony and state finances, in long run only result will be way more money to spend for his inheritors creating bigger fiscal crisis in future.
That happened with Ireland. They cut corporate income taxes, become EU HQ for American corporates and what did they do with mountain of cash? Cut taxes for their people or spending binge? Latter of course.
If only politicians were loving spending like Ebenezer Scrooge.
More here:
![danieljmitchell.wordpress.com](http://freedomandprosperity.org/wp-content/uploads/2019/11/Nov-4-19-Income-Comparison.jpg)
TABOR Is America’s Fiscal “Gold Standard”
If Republicans do as well as expected in next Tuesday’s mid-term elections, especially with regard to gubernatorial and state legislative contests, I expect that more states will enact and ex…
![danieljmitchell.wordpress.com](https://freedomandprosperity.org/wp-content/uploads/2023/12/image-16.jpg)
More Good News Thanks to Colorado’s TABOR Spending Cap
Colorado has the best fiscal rule in the United States. The Taxpayer Bill of Rights (TABOR) limits state government spending so that it cannot grow faster than inflation plus population. Does Colo…
Switzerlands also has something similar:
![danieljmitchell.wordpress.com](http://freedomandprosperity.org/wp-content/uploads/2018/06/Jun-26-18-USA-v-Switzerland-PC-GDP.jpg)
More Scholarly Evidence for Switzerland’s Debt Brake
For a land-locked nation without many natural resources, Switzerland is remarkably successful. One reason for the country’s success is pro-market policy. Switzerland routinely scores in the t…
Only thing which works in fiscal policy is hardcore limit on government spending. Because even if somebody fixes economony and state finances, in long run only result will be way more money to spend for his inheritors creating bigger fiscal crisis in future.
That happened with Ireland. They cut corporate income taxes, become EU HQ for American corporates and what did they do with mountain of cash? Cut taxes for their people or spending binge? Latter of course.
If only politicians were loving spending like Ebenezer Scrooge.
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