Tim Eyman
Eyman’s latest measure would put a yearly cap on money flowing into the general checking accounts of state, county and city governments. Any money over the cap would be used to lower property taxes in the following year and voter-approved taxes would not be subject to the cap, which would be the rate of inflation plus population growth.
Opponents say the initiative would hurt the government’s ability to provide necessary public services, at a time when the economy is still in recession.
It will take a few weeks for elections workers to officially certify the signatures. (AP)
