The savings from criminal justice reforms wouldn't fully finance the increased education investments needed, partly because states will likely spend much of the savings elsewhere. But reordering state priorities away from maintaining large prison populations and toward investing in human capital will pay off over the long term.
ITFA was enacted in 1998 with strong bipartisan support, and it has always included a "grandfather clause" that allowed states and localities that were taxing Internet access to keep doing so. Despite its long history, there's widespread misunderstanding about the grandfather clause in the current debate about renewing ITFA.
California's nonpartisan Legislative Analyst, the state office responsible for analyzing the impact of proposed ballot measures, sent up a large red flag. It said that an initiative that would eliminate the Constitutional vested rights of public employees to retirement and retiree health care could cost "billions of dollars."