In Search of Truth, Accountability and Integrity Since 1992

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According to former U. S. Attorney General Edwin Meese, III, the Reagan Tax Revolution including California's Proposition 13 are being circumvented when government uses such debt gimmicks as non-voter approved tax-exempt bonds, known as Certificates of Participation (COPs) and Tax Revenue Anticipation Bonds (TRANS) to raise revenues for the ever increasing annual spending.

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