Don’t Worry About Consequences!

I just received my absentee ballot. It contains a couple of state-wide referendum questions. Here is the entire text of one of them:

“Do you want to limit property taxes to 1% of the assessed value of property?”


Q: What’s wrong with the way this referendum question is posed?

A: See AB’s classic post about The Angry Bear New Car Plan.

Clearly it’s time to redouble my efforts to inject some economist thinking into the public discourse.


Update: I slightly altered the wording of the Q above for clarity.