I am sorry if the Wrong Way Road script affronts anyone. Property owners make rational choices and do the best they can within the framework of the tax rules, rules that they have practically no part in writing. All the same, Eyman’s proposal will lead to declining revenues as laid out in tables in your State voter pamphlet. Please be sure to look at the vast numbers in that table. The resulting drop in services is a decidedly large part of the cost of the change. The tax breaks will go disproportionately to the well-to-do while the loss of services will be borne disproportionately by less well-off families, exacerbating existing disparities.
Another thing to realize is that renters truly pay property tax through their rent. But if you walk through predominantly rental neighborhoods you are likely to realize that something is askew. If I were proposing tax changes to help property owners I would think first of giving a break to landlords in critical neighborhoods whose units met certain building codes or measures of energy efficiency.