There are numerous arguments in favor of state tax and expenditure limitations.

Changes to spending limits or tax increases must receive voter approval. Spending is limited to a growth index based on state personal income. Tax and fee increases voted on by legislature in odd-numbered years. The due dates are set each year, usually November 15 and May 15. There are arguments against state tax and expenditure limitations as well. Total Social Security, Railroad Retirement, Annuities, Pensions, etc. You can apply for up to 3 years of back taxes owed. There are numerous arguments in favor of state tax and expenditure limitations. Very low-income families with children can apply for this benefit.

Abatements are reductions in one's property tax bill. The features and restrictiveness of these limits vary considerably. Revenue limited to the average growth rate in state personal income for previous five years. Disability SSD is for people with a recent earnings record. Proposed expenditures are limited to the biennial percentage growth in state population and inflation. Spending limited to average of inflation for previous three years plus population growth. State spending cap per fiscal year with growth set according to formula for each biennial period.