Sacramento Scam
Posted by sportsprof on August 30, 2006
Skip Sauer notes a trick that Sacramento politicians are using to get public approval to raise taxes for building a new arena for the Kings.
Reader Mike Marshall notes that the new deal is now buried inside a general tax referendum, which requires only 50% + 1 vote to pass, rather than the 2/3 super-majority required for a specific tax hike. …
If I understand the sequence and strategy right, city leaders came to believe that the original plan to finance and spend about $600 million on an arena was unlikely to pass muster with voters, so in response, they are going to spend another $600 million on “unspecified projects” and make everyone pay. This in order to cross the threshold at the voting booth. This one might be worth watching.
Laws and sausages.
