What's The Difference?
UPDATE: Dave Roland, an analyst at Sinquefield's Show-Me Insitutute, has responded to this post in the comments.
I see that David Stokes at Rex Sinquefield's Show-Me Institute blog is criticizing Oregonians' use of a ballot initiative to raise taxes on corporations and the wealthy. It passed by a wide margin, but Stokes isn't digging the voters' decision-- the Oregon vote, he says, is an example of "why I prefer a representative republic to direct democracy."
Stokes disdain for ballot initiatives is ironic (to say the least) considering Sinquefield's sponsorship of at least five initiatives to end the 1% earnings tax in St. Louis and Kansas City. Sinquefield has even put $500,000 of his personal fortune into a brand new campaign account called "Let Voters Decide."
I don't see any criticism of Sinquefield's "Let Voters Decide" campaign on the Sinquefield-sponsored blog from the last few weeks -- if I've overlooked any such posts, I'm sure someone will let me know. But if not, I'm confident Stokes will explain why the earnings tax initiative(s) are bad news very soon.


