OPINION: Big Surprise: Education Tax Increases Aren’t “For the Kids”

California voters are currently considering 118 local bond proposals that would cumulatively increase debt by $250 billion, but these measures are not actually what they seem writes Mike Shedlock in Townhall.com.  While the proposals may be sold to voters as being for specific purposes, Shedlock says they may actually be a means of paying for costly pension obligations that local governments have not appropriately planned for.

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