Aug 26

Colorado residents pay 8.8% of their income in state, local taxation

Taxpayers in Colorado turn over 8.8 percent of their income per capita to state and local governments, the 33rd highest percentage among the 50 states, according to an analysis by the website 24/7 Wall St.

State residents pay $1,209 per capita annually in income tax collections, $1,542 in property taxes and $1,339 in general sales tax collections, 24/7 Wall St. reported.

Nationwide, the portion of Americans’ income turned over to pay state and local taxes averaged 9.8 percent, or just over $5,000 a year, the analysis found. Federal taxes were not included in the study.

To continue reading this story, please click (HERE):

Aug 26

‘Vote on Fees’ measure makes November ballot

FILE - Coloradans vote on TABOR in 2005
A voter exits the voting booth at the Denver Election Commission office in Denver, Tuesday, Nov. 1, 2005.

(The Center Square) – An initiative to require voter approval of some state enterprises that draw their revenue from fees has been approved for the November ballot, the Colorado Secretary of State’s Office said Monday.  

Colorado Rising State Action, the conservative advocacy group backing the Initiative 295turned in more than 196,000 signatures in July, with 138,852 of those signatures being valid, the office said. The measure needed 124,632 valid signatures to make the ballot.

Taxpayer advocacy groups argue that lawmakers have used fees to avoid being subject to the state’s Taxpayer’s Bill of Rights (TABOR), a constitutional amendment that requires all tax increase be approved by voters. Under TABOR, state enterprise funds aren’t subject to TABOR’s revenue cap.

“It’s official, Coloradans will get to vote on strengthening TABOR this November,” Colorado Rising State Action Executive Director Michael Fields said in a statement. “State lawmakers have abused enterprise fees for years as a method to increase revenue and get around asking voters. It’s really simple, voters just want to be asked.”

To continue reading this story, please click (HERE):

Aug 24

Income tax rate reduction measure to appear on November ballot

 

DENVER — An initiative that would lower the state’s income tax rate has made it to the November ballot with more than enough qualified signatures.

Secretary of State Jena Griswold announced the Real Fair Tax Initiative (Initiative 306) was deemed sufficient with a projected percentage of valid signatures at 112.38 percent, negating the need to hand verify all 198,538 signatures gathered.

If passed by voters in, Colorado’s flat income tax rate will go from 4.63 percent to 4.55 percent starting with the 2020 tax year.

One of the initiative’s proponents said he was just doing what Gov. Jared Polis has asked for.

“I’m just Jared Polis’ faithful foot soldier,” said Jon Caldara, president of the free-market think tank Independence Institute.*  “He campaigned that he wanted a flat rate reduction in taxes.  We’re doing just that for him.”

To continue reading this story, please click (HERE):

Will You Make A Difference?

Featured

Dear TABOR supporter,

You may be the right person to make a difference in your town.  You can help to protect the citizens of Colorado by protecting the Taxpayer’s Bill of Rights, but without taking a lot of your time and at no expense to you.

Much of the work of the TABOR Foundation includes taking legal action against taxation without a vote of the people.

But most of our efforts are directed toward educating voters about why the right to vote on the taxes that you and your neighbors pay is a good idea – as well as calling attention to the all-too-common attempts to eviscerate TABOR.

You can help!

We are recruiting TABOR supporters to be a part of our volunteer Communications Team.

The job is simple but very important. Continue reading

Jul 31

Initiative to implement progressive state income tax fails to garner enough signatures to qualify for ballot

FILE - Election 2020 Colorado Primary
Election judge Michael Michalek, left, directs voter Nicholas Garza on where to pick up his ballot at a drive-thru location outside the Denver Election Commission building, Tuesday, June 30, 2020, in downtown Denver.

(The Center Square) – Supporters of an effort to implement a progressive state income tax system called it quits on Friday.

The Fair Tax Colorado campaign said it didn’t collect enough signatures to qualify Initiative 271 for the ballot in November, citing a petition process complicated by the COVID-19 pandemic.

“The campaign is ending today, but our ballot work will continue,” said the Colorado Fiscal Institute, one of the measure’s backers. “That’s because citizen initiatives are where tax policy is made in Colorado, and we need to keep Coloradans engaged on these critical issues.”

The measure proposed amending the state constitution and adjusting the state’s current 4.63 percent flat income tax rate according to income. Under the measure, taxpayers making $250,000 or less annually would have been taxed at 4.58 percent; those making $250,000 to $500,000 would have taxed at 7 percent.

Please click (HERE) to read the rest of this article:

Jul 31

Signatures turned in for ballot initiatives on voter approval of fees, income tax cut measures

FILE - Election 2020 Colorado Primary
A voter casts her ballot at a mobile location in the Swansea neighborhood, Tuesday, June 30, 2020, in Denver.

(The Center Square) – Backers of two taxpayer-related ballot initiatives submitted petition signatures Thursday to the state Secretary of State’s office. 

Jon Caldara, president of the Independence Institute, turned in 197,000 signatures for Initiative 306, which would cut the state income tax rate by 0.08 percent, from 4.63 percent to 4.55 percent.

The Denver-based free-market think tank says the measure is meant to help get “Colorado’s economy back to its former strength, by putting money back into the pockets of those who earned it.”

To continue reading this story, please click (HERE):

Jul 22

Voting at a time when voting makes sense!

Voting at a time when voting makes sense!

July 2020

The Taxpayer’s Bill of Rights (TABOR) includes good government provisions that improve election procedures.

We know that voter turnout is highest for those people who will benefit most directly by the ballot measure.  One way to suppress voter participation is to hold an election at an unusual time or at an unexpected, inconvenient, or difficult time.

Before the Taxpayer‘s Bill of Rights, Colorado elected officials could schedule a special election for a new tax or for a debt measure.  Held in, say, February, the government could hope weather to be really foul, so that even the average taxpayer who thought to vote on the measure might think twice, while those proponents who would benefit from the new tax would be in the majority for whom it was worth the effort to slog to the polls.

The Taxpayer’s Bill of Rights ended that incivility to the citizen.  With TABOR, a vote must happen on the November general election ballot, or if there is a standard election in the spring, (common for many town and city elections) the measure can appear on that municipal ballot.  The only other time a TABOR measure may go before the voters is in odd-numbered years at about the time in November that a general election would take place.

Colorado constitution (Article X, Section 20) paragraph 3(a) states:  “Ballot issues shall be decided in a state general election, biennial local district election, or on the first Tuesday in November of odd-numbered years.”

The Taxpayer’s Bill of Rights greatly improved government operations beyond providing the taxpayer the power to vote on tax increases.

#TABOR
#ItsYourMoneyNotTheirs
#ThankGodForTABOR
#VoteOnTaxesAndFees
#WhyTABORMatters

 

 

 

Jun 17

THREE PUNCHES TO KNOCK DOWN DEMOCRATIC SOCIALISM

THREE PUNCHES TO KNOCK DOWN DEMOCRATIC SOCIALISM

@ Waters Edge Winery

June 22nd

 

 

 

 

 

Helen Raleigh and Dr. Paul Prentice will discuss the battle of ideas between Capitalism and Socialism. Join us for this very important conversation.

Tickets are $20 per person, plus a $3 processing fee per ticket.

Click (HERE) to learn more and order tickets:

As the Democratic Socialists become more prominent, both nationally and at our dinner tables, it is very likely you will find yourself debating one. This battle of ideas, Capitalism vs Socialism, is at the very core of the current political discourse. Whichever side wins this battle will determine the fate of the American Experiment. Will we remain a free society, or will we succumb to the siren call of false security provided by government?

Continue reading

Jun 16

Colorado Legislature gives final approval to a charitable bingo and raffles amendment, cigarette tax increase measure

FILE - Cigarettes

On June 15, the Colorado State Legislature sent two measures to the November 2020 ballot.

One measure would amend the state constitution to require charitable organizations to have existed for three years before obtaining a charitable gaming license instead of the current constitutional requirement of five years. The amendment would allow charitable organizations to hire managers and operators of gaming activities so long as they are not paid more than the minimum wage. Currently, the constitution requires those who operate charitable gaming activities to be a member of the organization working as an unpaid volunteer.

The other measure would increase cigarette taxes and create a new tax on nicotine products such as e-cigarettes. It would dedicate revenues to various health and education programs. The measure requires voter approval under TABOR since it would increase state revenue.

To continue reading this story, please click (HERE):

Jun 11

Initiative backers want voter approval for big state fees; new enterprise bill cited as reason needed

Initiative backers want voter approval for big state fees; new enterprise bill cited as reason needed

TABOR is an amendment to the state Constitution requiring, among other things, that new or increased taxes be approved by voters.

The executive director of Colorado Rising State Action, Michael Fields, said Initiative 295, which would go into state statute, is more important now than ever as the state grapples with $3.3 billion in budget cuts and looks to find new sources of revenues.

Senate Bill 20-215 is “a perfect example of them trying to go around TABOR to raise revenue by calling them fees,” Fields said. “Clearly, this is the move they are going to make, raising taxes by calling them fees.”

To continue reading this story, please click (HERE):