AMENDMENT 1 PUTS YOU AND OUR STATE IN DEBT! Amendment 1 is a Nineteen billion dollar mortgage to buy conservation land, and it must be paid back by taxpayers. If the Water and Land Legacy Amendment passes, the environmental groups who support this intend to immediately borrow money to buy land, and Amendment 1 is the mechanism to do just that. Bonds will be sold to raise money based on future tax revenue. Former Gov. Bob Graham, a lead supporter of Amendment 1, said point-blank, “We intend to buy as much land as fast as we can because that land won’t be available twenty years from now.” The amount of the bond debt will be carved in stone, but the tax revenue to pay back the bond debt fluctuates wildly, depending on the economy of the next twenty years. That’s irresponsible. One thing is certain, when the funding source dries up, as it has in the past, Florida’s property owners will have to pay back the debt through higher taxes. Be sure to Vote and Vote NO Amendment 1. See video: tinyurl/pbguuxa
Posted on: Sun, 26 Oct 2014 13:52:37 +0000
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