Another election, another bond measure. Voters always seem to focus on which manner of social ill needs fixing, which ballpark needs building or which high-speed rail project needs building. But what nobody seems to be concerned with is where the money comes from. It is here that I object with the bond-measure format.
A general-obligation bond is paid for by a tax agreed on by a majority vote. This tax usually takes the form of a temporary increase to our property taxes. My objection is that those with no property, like renters, can vote to levy a tax on those who own property.
Is it truly just when the public can vote to make me pay more taxes while a large segment of the voting population is largely exempt from having to pay the tax that they voted for?
And yes, I know renters would face a small increase from the property owners, but the lion’s share rests, as usual, with the homeowner.
Mike Beavers, Fresno