CLT News Release
Monday, October 26, 2015


"Dedicated Revenue"
A unicorn for every family,
a pot of gold at the end of every rainbow


 

Advocates for the latest attempt to impose a Graduated Income Tax persistently assert that additional revenue from their "tax the rich" scheme will be dedicated to "quality public education and affordable public colleges and universities, and for the repair and maintenance of roads, bridges and public transportation."

This is nothing but a ruse, a deception. They are attempting to dupe uninformed voters with a lie.

They quietly added "subject to appropriation by the Legislature" because initiative petitions are constitutionally prohibited from appropriating money. They can just as honestly promise a unicorn for every family, a pot of gold at the end of every rainbow "subject to appropriation by the Legislature"!

All revenue that comes into the state treasury flows into the state's general fund, from which the Legislature alone makes appropriations to fund government. The tax-borrow-and-spend cabal cannot honestly make any promises of how or where that new revenue or any revenue would be spent.

Saying otherwise is clearly a deception, a lie, a scam.

The redirected misuses of "dedicated revenue" are legion. One example was recently reported by the State House News Service (Oct. 12, 2015, "Sliver of gas tax indexing survived repeal effort"), specifically the underground storage tank fee tacked onto the gas tax:

"Though it is characterized as paying for cleanups of fuel spills at gas stations, the money raised from the fee was redirected from the special cleanup fund under Gov. Mitt Romney in 2003 and now goes into the Commonwealth Transportation Fund, according to Stephen Dodge, a lobbyist for the American Petroleum Institute."

This redirection of that "dedicated revenue" alone costs taxpayers about $85 million per year, according to Dodge.

CLT has led campaigns against such attempts to impose unfair, unequal taxation before; past Grad Tax assaults have been defeated by the voters every time; in 1962, 1968, 1972, 1976, and 1994. If necessary we're ready to take on a sixth assault.

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Citizens for Limited Taxation    PO Box 1147    Marblehead, MA 01945    508-915-3665