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July 2, 2009 at 11:12 AM

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Eyman turns in signatures for new initiative to limit government spending

Posted by Andrew Garber

Anti-tax activist Tim Eyman has apparently turned in enough signatures to put another initiative on the ballot aimed at limiting growth in government spending.

His latest effort, Initiative 1033, would limit revenue increases for state, city and county governments to the rate of inflation plus population growth. Taxpayers would get any money above that amount, in the form of lower property taxes.

Eyman turned in 314,277 signatures today, the last day for submitting petitions. State law requires at least 241,153 valid voter signatures to qualify. The Secretary of State's office advised having around 300,000 to cover duplicate or invalid signatures.

Eyman has sponsored a series of initiatives over the years dealing with taxes, state spending and transportation, with mixed success.

For example, voters approved I-960 in 2007, which requires a two-thirds vote in the Legislature to increase taxes. And in 2008 voters defeated I-985, which would have opened HOV lanes to all motorists.

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