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TEL Amendment basics

Ken Blackwell’s central economic initiative is the Tax Expenditure Limitation amendment. My gut reaction is to support the TEL, but that’s just tentative. While I read up on the subject, here are a few useful links for your information. I’ll add to the list as I find more.

  • The text of the TEL itself.
  • Tom Blumer at BizzyBlog rounds up answers to common TEL objections.
  • The Buckeye Institute for Public Policy Solutions and the Independence Institute conducted a joint study that concluded “a well-constructed Tax and Expenditure Limitation might be the only thing that will force Ohio policymakers to hold the line on spending.”
  • The American Policy Roundtable has five objections to the TEL amendment.
  • Michael New’s history of the repeal of Colorado’s TABOR amendment (here and here).
  • Ramesh Ponnuru on a flaw in Colorado’s TABOR called the “recession ratchet.”
  • The Ohio Parks and Recreation Association has several anti-TEL resources.
  • Ted Strickland doesn’t have a detailed objection to TEL anywhere on his site, but he does have this blurb.

Give me a shout if you have any recommended reading that I missed.