CUT Membership Event
Legislative Session Kickoff and Award Recognition
Award Winners: Senate Champion Vicki Marble
House Champions Janak Joshi and Lori Saine
Senate Guardian Jerry Sonnenberg
House Guardian Stephen Humphrey
Guest Speakers: Senate President Kevin Grantham, House Assistant Minority Leader Cole Wist
Where: Independence Institute Freedom Embassy
727 16th Ave. Denver, CO (Free Parking)
When: Thursday, January 19, 2017 Registration: 7:00am
Cost is $15.00. $5.00for those paying 2017 CUT membership
Breakfast treats by Chick-fil-A
RSVP: 303-747-2159 or firstname.lastname@example.org
PO Box 1976, Lyons CO 80540 Taxpayer Hotline 303-494-2400
Web Site: www.coloradotaxpayer.org
Published: October 12, 2016;
PUEBLO CITY Schools (D60) Board of Education has joined a lawsuit that would overturn the Taxpayer’s Bill of Rights. Pueblo County District 70 joined the federal case earlier.
Educators have been led to believe that repealing TABOR’s state and local tax and spending restrictions would trickle down into more legislative funding of the public schools. Not so fast. The state’s recent budget history says otherwise.
Since approved by the voters in 1992, TABOR has done what it promised to do, which is to require voter approval before taxes can be raised and to tie revenue increases to Colorado’s overall economic growth unless voters permit.
In fact, state revenues and spending have increased every year under TABOR even under the cap of combined growth in population and inflation.
However, that TABOR requirement leads directly to greater government accountability and transparency. That’s good.
Young misdirects his anger at the duplicate vote. He should instead direct his impatience at the inaccurate information offered by the tax increase proponents.
The Taxpayers’ Bill of Rights requires that you know what the cost will be for any new program or expansion of an existing program. You can weigh whether the price is worth it. The voter then can make an informed decision.
No one wants to give proponents of any measure the incentive to underestimate the cost. Yet, if low-balling the cost helps the measure to pass, there would be pressure for proponents to fudge the numbers. Better to get it right.
Whenever government will grow faster than the automatic increases allowed every year, the voter should know by how much. Voters must demand strict accountability and honesty in creating the estimates. Don’t let tax increase proponents hide the real cost of the programs; don’t let Young mislead you.
There are people who want government to increase its reach into our lives and to spend more of your money on public goods; these folks will always oppose the Taxpayers’ Bill of Rights. Let them present their arguments fairly and truthfully, but they should not argue for eliminating honesty and accountability.
Penn R. Pfiffner, chairman of the TABOR Committee, is a former legislator who has been involved in fiscal policy issues for over three decades.
ARVADA, Colo. — The presidential race is important. The U.S. Senate race is important. But because Washington is so gridlocked, there is a good chance not much will be done regardless of who wins.
Woods: Against changing TABOR (Good)
Zenzinger: Supports some changes, like hospital provider fee (Bad)
A different occurrence might unfold in Colorado if Democrats have their way in Senate District 19, a district made up mostly of Arvada.
Currently, Republicans hold a one-seat majority in the Colorado State Senate. Those Republicans often find themselves stopping legislation that the Democratic House and the Democratic governor want to pass.
On the front lines in the Republican fight to defend the Senate is Republican incumbent Laura Woods.
“Industry and business want the Senate to remain in Republican hands,” Woods said as she knocked on doors Wednesday. Continue reading
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.
But we’re deeper in debt and they are none the wiser.
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.
More Evidence that Balanced Budget Rules Don’t Work as Well as Spending Caps
July 16, 2016 by Dan Mitchell
If you asked a bunch of Republican politicians for their favorite fiscal policy goals, a balanced budget amendment almost certainly would be high on their list.
This is very unfortunate. Not because a balanced budget amendment is bad, per se, but mostly because it is irrelevant. There’s very little evidence that it produces good policy.
Before branding me as an apologist for big government or some sort of fiscal heretic, consider the fact that balanced budget requirements haven’t prevented states like California, Illinois, Connecticut, and New York from adopting bad policy.
Or look at France, Italy, Greece, and other EU nations that are fiscal basket cases even though there are “Maastricht rules” that basically are akin to balanced budget requirements (though the target is a deficit of 3 percent of economic output rather than zero percent of GDP).
Indeed, it’s possible that balanced budget rules contribute to bad policy since politicians can argue that they are obligated to raise taxes. Continue reading