Eric Kleefeld and Matthew Yglesias point out something that hasn’t gotten too much attention. There were two-anti tax measures on the ballot yesterday in Maine
“„Do you want to change the existing formulas that limit state and local government spending and require voter approval by referendum for spending over those limits and for increases in state taxes?
“„This measure would limit growth in state revenues deposited in funds subject to the state expenditure limit, and limit growth in county and city revenues deposited into the county and city current expense funds. The limit would be adjusted based on annual growth in inflation and population. The limit also would apply to revenues transferred out of these funds. The limit would exclude voter-approved revenue increases. Revenues above the limit would reduce property tax levies. Should this measure be enacted into law?