Jul 20

Colorado Priorities shelves ballot initiative to curb Taxpayer’s Bill of Rights

PUBLISHED: | UPDATED:

Organizers have shelved a ballot initiative to loosen the grip of Colorado Taxpayer’s Bill or Rights on the state’s ability to fundschools, transportation, mental health and senior services.

The executive committee of the Colorado Priorities campaign suspended the effort Monday night. The measure would have needed the signatures of at last 98,492 registered voters by Aug. 8 to get on the November ballot.

TABOR sets a revenue cap based on population and inflation. Everything over that must be refunded to taxpayers under the constitutional amendment passed by voters in 1992. Initiative 117would have allowed the state to keep that revenue.

 

Click (HERE) to read the rest of the story:

Jul 20

Ballot campaign to suspend Colorado’s TABOR revenue caps ends

ED SEALOVER | DENVER BUSINESS JOURNAL

Dan Ritchie, one of the leaders of the Building a Better Colorado initiative

DENVER BUSINESS JOURNAL – Concerned about ballot fatigue and suffering from a lack of fundraising, organizers of the Colorado Priorities campaign to pass a statewide de-Brucing ballot initiative blunting the impact of the state’s Taxpayer Bill of Rights ended their efforts for the 2016 election on Tuesday.

The proposal would have allowed the state government to keep any revenue it collected above the Taxpayer’s Bill of Rights limit over the next 10 years and put it to prescribed uses — at least 35 percent toward education, at least 35 percent toward transportation and anything else toward mental-health and senior services.

Doing so would have eliminated the possibility of TABOR refunds that otherwise would go to statewide taxpayers when revenues exceed the caps.

However, organizers said they became increasingly worried about getting their message out during an election that could feature as many as 10 other ballot initiatives, as well as presidential and U.S. Senate races in this state.

Read more at the Denver Business Journal: http://bit.ly/29WUagr

Jul 20

TABOR timeout ballot measure won’t go to voters this year

TABOR timeout ballot measure won’t go to voters this year

A group trying to convince voters to hit the pause button on the state’s Taxpayer Bill of Rights, which limits government spending, has officially called it quits.

The effort would have been what Coloradans call a “de-Brucing,” named as such because the architect of TABOR is an anti-tax folk hero named Douglas Bruce. (Fun fact: He’s sitting in prison right now on charges that stem from a previous bust for tax evasion.)

Backed by a group called Colorado Priorities, the ballot measure would have asked voters in November if they wanted to grant the state government permission, for 10 years, to retain tax money that flowed over TABOR-mandated revenue caps. TABOR currently requires any revenue generated over projected limits to go back to individual taxpayers in the form of refunds.

If voters approved the measure, that money would instead have gone specifically toward transportation, education, mental health and senior services.

Colorado Priorities would have had to gather nearly 100,000 valid signatures in Colorado to get their proposal on the ballot. Petitioners were asking voters for their John Hancocks as recently as last week. The ballot measure grew out of an initiative called Building a Better Colorado, a bipartisan group of state leaders who held meetings around Colorado to determine what measures to try and put to voters this year. Continue reading

Jul 20

Ballot campaign to suspend Colorado’s TABOR revenue caps ends

Concerned about ballot fatigue and suffering from a lack of fundraising, organizers of the Colorado Priorities campaign to pass a statewide de-Brucing ballot initiative blunting the impact of the state’s Taxpayer Bill of Rights ended their efforts for the 2016 election on Tuesday.

The proposal would have allowed the state government to keep any revenue it collected above the Taxpayer’s Bill of Rights limit over the next 10 years and put it to prescribed uses — at least 35 percent toward education, at least 35 percent toward transportation and anything else toward mental-health and senior services.

Doing so would have eliminated the possibility of TABOR refunds that otherwise would go to statewide taxpayers when revenues exceed the caps. Continue reading

Jul 20

Backers Pull Ballot Measure That Would Have Put TABOR On Pause

Backers Pull Ballot Measure That Would Have Put TABOR On Pause | CPR

Colorado Priorities, a group backing a ballot measure that would have eased a revenue cap on state government, announced Tuesday that it has suspended its campaign.

The measure would have temporarily suspended refunds to taxpayers, as the Taxpayer Bill of Rights — or TABOR — requires when revenue collection outpaces population growth and inflation. The group says that revenue is needed elsewhere, especially in the state’s school and transportation systems.

Colorado Priorities’ executives cited a crowded ballot in their decision to stop their campaign.

 

Continue reading

Jul 19

Lesley Smith and Laurie Albright: Sign a petition to de-fang TABOR

Yup, spend more.
That’s the blueprint for fixing everything.
According to them, more money will solve public education.
Obama’s $870 Billion dollar Stimulus failed because it was too little.
They wanted to spend more, more, more.
Then you looked at the results.
No improvement at all.
But we’re deeper in debt and they are none the wiser.
Thank God for TABOR!
The Colorado economy is booming now compared to during the recent recession, but because of a 26-year-old tax policy embedded in the Colorado Constitution (informally called the Taxpayer Bill of Rights, or “TABOR”), Colorado cannot invest all of its tax revenue to make up for cuts made during those harder economic times. Instead, the amendment says that all revenue collected above an out-of-date cap must be refunded to Colorado taxpayers. Each taxpayer received a refund of $13 to $41 this year, while our state continued to cut funds for basic infrastructure and services.

Continue reading

Jul 16

Update on Lakewood’s de-TABOR

Update on Lakewood’s de-TABOR
As noted earlier the establishment plan is to put a de-TABOR measure on this November’s ballot.
On Monday, July 18 (starting at 7 pm) there will be a “study session” regarding TABOR (and Council policies & procedures – not sure what they are up to on that). Citizen comments WILL be permitted. Don’t know the specifics of how that will work but I suggest we use this opportunity to demonstrate to Council it is a good idea to have citizens more involved in all study sessions (see my message on study session reform).
I suggest we have a good turnout. The anti-TABOR side has been alerted and will be there in full force.

AGENDA
LAKEWOOD CITY COUNCIL STUDY SESSION
CITY OF LAKEWOOD, COLORADO
LAKEWOOD CIVIC CENTER, 480 SOUTH ALLISON PARKWAY
JULY 18, 2016
7:00 PM
COUNCIL CHAMBERS

ITEM 1 – CALL TO ORDER
ITEM 2 – ROLL CALL
ITEM 3 – DISCUSSION – TABOR
A Public Comment Roster is available immediately inside the Council Chambers.
Anyone who would like to address the Council on TABOR will be given the opportunity
after signing the roster. Speakers should limit their comments to three minutes.

http://www.lakewood.org/City_Council/City_Council_Meeting_Information/Upcoming_Regular_Council_Meetings___Study_Sessions.aspx

Jun 20

Vote NO on Initiative 117

FYI, Vote NO on Initiative 117. Spread the word.
 

Initiative #117

State Spending
Proposes amending the Colorado statutes to:
  • allow the state to keep and spend all revenue it collects through June 30, 2026;
  • raise the limit on the amount the state may keep and spend beginning July 1, 2026; and
  • require that any money the state keeps over its existing limit be spent on education, transportation projects, mental health services, and senior services, rather than refunding the money to taxpayers.
initiative 117
http://www.leg.state.co.us/LCS/Initiative%20Referendum/1516initrefr.nsf/b74b3fc5d676cdc987257ad8005bce6a/d87ae53dd844f43a87257fae00744f6f/$FILE/2015-2016%20117v1.pdf