Constitutional Amendment No. 2

FAQs About Constitutional Amendment No. 2

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About Constitutional Amendment No. 2

Constitutional Amendment No. 2 accomplishes the following:

1. Reduces maximum income tax rate
2. Doubles the standard deduction for senior citizens
3. Limits government growth to ensures long-term stability
4. Protects against special interest tax breaks
5. Maintains homestead exemption
6. Provides fiscal flexibility to increase infrastructure funding
7. Allows for the elimination of the inventory tax
8. Pays off over $2 billion in teacher’s pension debt
9. Permanently raises pay for teachers and school staff
10. Keeps more tax dollars in local communities