Category Archives: Taxes
Collecting More Taxes Than Is Absolutely Necessary Is Legalized Robbery
As I Went About With My Father, When He Collected Taxes, I Knew That When Taxes Were Laid, Someone Had To Work Hard To Earn The Money To Pay Them
Coolidge’s Tax Rates Were Lower & He Cut Budgets
OPINION | Family-leave ‘fee’ (spelled t-a-x) is another end-run on TABOR
It looks like @ColoradoDems in the #coleg are moving “full steam ahead” on state-sponsored #PaidFamilyLeave. But watch how they decide to fund it. They’ll prob create a new tax w/out #TABOR vote – & call it a FEE. My latest for @colo_politics
OPINION | Family-leave ‘fee’ (spelled t-a-x) is another end-run on TABOR
- Jimmy Sengenberger
There are a couple of federal government programs that have been around for decades. You might have heard of them: Social Security and Medicare.
You might also know that these programs are funded by payroll taxes. If you’re an employee working at a company, then the contribution is “split” 50/50 between you and your employer. Your portion is withheld and sent to the government each paycheck. If you’re self-employed, you must pay the full amount yourself. According to the IRS, the tax rates total 12.4% and 2.9% for social security and Medicare, respectively.
You’ll notice that the creators of these programs were clear they’d be funded with a payroll tax on both employees and employers. They didn’t play word games. They were upfront that every working American would be taxed a percentage of their income to support Social Security and Medicare.
Colorado Democrats are moving “full steam ahead” to create a new, statewide paid family leave (PFL) fund. This program would enable employees to receive “12 weeks of paid family leave for pregnancies, infant or sick relative care, or recovery from illness.”
The 2020 bill is still being written following input from a commission tasked with proposing ideas. But if the fund ends up being financed in a way that is similar to the 2019 version’s formula, it would involve a split — perhaps 60/40 — between employees and employers.
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What’s next after the failure of Proposition CC?
Democrats in the Colorado legislature will sacrifice parts of their agenda or find politically risky ways to pay for it
If Taxation Without Consent Is Not Robbery, Then….
Tweet From Michael Fields About TABOR & Prop CC After The November 2019 Election
There’s No Such Thing As Government Funded. It’s All Taxpayer Funded
We could use your help, talents, and skills defending the gold standard, Colorado’s Taxpayer’s Bill of Rights (TABOR).
Now that Proposition CC has gone down in flames, what will progressives do next to sabotage TABOR?
Aren’t you sick and tired on politicians trying to weasel their way out of, or ignoring, TABOR?
We need to do something about it, right?
Well then, why not you?
Yes, you read that right.
Why not? It’s a great time to get involved.
If not you, then who?
We could use your help, talents, and skills defending the gold standard, Colorado’s Taxpayer’s Bill of Rights (TABOR).
We’re looking forward to having you help Colorado.
It’s easy to join.
See below on how you can make a difference.