TABOR was passed by tax-paying voters in 1992 and became part of the Colorado Constitution. Its’ purpose is simple in that before lawmakers can raise your taxes, you get to vote yes or no, although spending increase by the inflation rate + population growth. Any extra revenue collected beyond that should be refunded to taxpayers.
If Proposition CC passes, you lose the right to vote on tax increases and lose any refunds due you. Not just for a year or two but permanently.
TABOR keeps government honest and forces it to prioritize the budget and spending.
Don’t lose your rights and refunds!
The TABOR Foundation & TABOR Committee urge you to Vote NO on Proposition CC
They lied to us in 2005, and they are doubling down on this lie in 2019. Colorado voters were sold a bill of goods with Referendum C in 2005, and it is of the utmost importance that we aren’t fooled again with Proposition CC in 2019.
Proponents of Referendum C originally claimed that their measure was “temporary.” The measure was supposed to offer a five-year reprieve from the constitutional limitations created by the Taxpayer’s Bill of Rights (TABOR), allowing some fiscal flexibility for Colorado lawmakers to invest heavily in education and transportation.
Or so they claimed.
The Taxpayer’s Bill of Rights is under attack. For at least a decade, Democrats in the Colorado legislature — backed by the Colorado Supreme Court in erroneous rulings and occasionally supported by faithless Republicans — have thwarted some of the protections afforded to Coloradans by the Taxpayer’s Bill of Rights.
In other words, we’re on the path to fiscal crisis. Is there a solution?
Yes, we could adopt constitutional restraints on the growth of government. I mentioned Colorado’s Taxpayer Bill of Rights in the interview, as well as the “debt brake” in Switzerland.