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A Colorado citizens have launched a new property tax revolt not unlike that launched by Proposition 13 in California during the 1970s. Double digit inflation rates resulted in increased home values accompanied by sharp increase in assessed values and property taxes.

Across the nation, government and business leaders are engaged in an ongoing effort to stimulate economic recovery and growth. This should result in bringing prices down and thereby increasing the affordability of the costs of living and doing business. While the current annual inflation rate for the 12 months ending in November 2025 is down to 2.74% -- down from 3.0% in September, it is still above the 2 percent target inflation rate set by the Federal Reserve. [...]

A new property tax revolt is sweeping the country, not unlike the first property tax revolt launched by Proposition 13 in California in 1978. Many homeowners have seen their property taxes skyrocket in recent years. Homeowners are challenging inflationary increases in their property taxes both through their state legislatures and at the ballot box. In some states citizens are demanding not just reform but rather elimination of property taxes. Other proposed reforms address th

Texas citizens have launched a new property tax revolt not unlike that launched by Prop 13 in California in the 1970s. Governor Abbot recently called a special session of the Texas legislature to enact property tax reforms. This year Texas citizens have used the initiative process to propose seventeen new amendments to the constitution, some of which are designed to provide tax relief.

In the past, home ownership has been an important part of the American dream. Buying a home was the most important investment decision that citizens made. That investment could provide for one’s retirement; and equity in the home could be used to borrow for education, health care, and emergency expenditures.

American colonists revolted against the British government under the banner "no taxation without representation." The banner for the new property tax revolt in America is "no taxation without consent."

Financial markets just sent a wakeup call to the U.S. Eleven nations in the Commonwealth of Independent States (CIS), including Ukraine, eliminated the dollar as a reserve currency. This is the most recent signal of fundamental changes in the dollar exchange system. Other countries, most notably the BRIC nations, are aggressively expanding the use of their own currencies, especially the Yuan, as reserve currencies and as a medium of exchange.

The left wants to soak the rich by imposing high-income tax rates on upper-income families. Some even advocate the punitive income tax rates that were in effect after World War Two. Of course, upper-income families found ways to avoid such high-income tax rates through loopholes and deductions. But high income tax rates imposed on high income families have perverse effects that the left chooses to ignore. This is clear in the experience of Colorado with graduated income tax r

The assassination of Charlie Kirk has awakened Americans to the challenges facing younger generations. Throughout our history each new generation could expect to improve their income and wealth compared to older generations. But today younger generations are burdened by unprecedented levels of debt, many of them no longer share the American Dream of prosperity, and some of them now face a future of penury.