For Whom the Tel Tolls: Can State Tax and Expenditure Limits Effectively Reduce Spending?

Can voters stop state governments from spending at high rates through the enactment of tax and expenditure limits (TELs), or do these laws become dead letters? We draw upon the principal-agent literature to theorize that TELs—one of the most frequent uses of the initiative process across the country...

Ausführliche Beschreibung