In Search of Truth, Accountability and Integrity Since 1992


According to former U. S. Attorney General Edwin Meese, III, the Reagan Tax Revolution including California's Proposition 13 are being circumvented when government uses such debt gimmicks as non-voter approved tax-exempt bonds, known as Certificates of Participation (COPs) and Tax Revenue Anticipation Bonds (TRANS) to raise revenues for the ever increasing annual spending.

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