The Florida Tax Amendment

I will use my first post on LURT to pose a question about local taxes. Referring to amendment 1 in Florida, I usually always vote in a manner to lower my tax burden (i.e. I voted yes). I believe that the government should instead, a) cut needless spending and most importantly b) cut waste.

The main argument for voting "no" on the amendment was that basic services would be cut due to decreased tax revenues. However, as far as I can see, the population is growing thus increasing the tax base. Housing prices and assessments have also increased so people buying new homes are paying higher property tax rates - another thing that should increase tax revenues. So where the hell is all of this extra tax revenue going and have our basic services gotten so expensive that they now cost so much more than the amount of the extra tax revenue? [This Post Continues after the jump...]