"Proposition 5 would reduce the threshold for local government bonds for housing and roads from two-thirds to 55%, promoting more democratic decision-making at the local level."
"According to Supervisor John Gioia, a 55% vote threshold is more democratic than two-thirds, allowing for greater local control and accountability in spending tax dollars."
"Critics like Jon Coupal argue that Proposition 5 could lead to increased local debt and higher taxes for property owners, ultimately driving up housing and business costs."
"The editorial emphasizes that, instead of lowering the vote threshold, lawmakers should first reform deceptive campaign practices that exploit financial benefits tied to bond measure passage."
Collection
[
|
...
]