Referendum E is a tough one. My first instinct would be to vote for it, since it provides disabled veterans with a tax break for their primary residence. But after digging into the details of the Referendum, I have to vote against it. First of all, there’s no financial qualifications. Someone making $100 billion a year would get this tax reduction.
And, on the other hand, the veterans who most could use a tax break are those who cannot afford a home. This referendum would not help these veterans.
I say NO! and we should be pressuring the Federal government to provide more support for veterans.
Since I wrote that bit, I have changed my mind on this. Pretty much every tax break or program has the ability to be abused by those who want to do so. That shouldn’t be used as an excuse to take this away from those who could really use it. I now say YES! on this one.