MEDIA RELEASE

The Tax Foundation has expanded its portfolio of online tools to include a calculator to demonstrate the spending limits that would be imposed by a Taxpayers Bill of Rights and a database of property tax information for every county in the nation. These and other tools are available as a public service on The Tax Foundation’s website.

The newest addition to the Tax Foundation’s collection of online tools allows taxpayers to see what spending in their state would be had a Taxpayers Bill of Rights (TABOR) been enacted in the past.

The goal of a TABOR is to limit the size of government by restricting increases in government spending to the growth of other measurements, such as population increase or inflation.

The Tax Foundation interactive site also features an expanded database of property tax information by county. This tool allows homeowners to see how property tax bills in their area stack up against other areas across the United States. The upgrade now includes all counties in the United States.

“These interactive features allow taxpayers access to a wealth of data and numerical comparisons previously unavailable to the general public,” said analyst and programmer Nick Kasprak. “Individuals make better decisions — as citizens and as voters — when they have the best, most up to date information about the policies that affect them. The Tax Foundation’s interactive tools help to provide that information.”

The Tax Foundation’s data projects include state migration data, for tracking how many people (and how much income) has moved from state to state in recent years, and a calculator to measure the effects of a value-added tax, or VAT.

The site also hosts the Bush tax cuts calculator, which helped users compare the competing tax proposals considered last year, prior to President Obama signing the compromise tax proposal in December.

The Tax Foundation is a nonpartisan, nonprofit organization that has monitored fiscal policy at the federal, state and local levels since 1937.

— Find out more:
http://interactive.taxfoundation.org/propertytax/

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