Vote NO on Proposition CC so you don’t lose your TABOR Rights
DENVER — Democrats who control Colorado’s Statehouse are asking voters in November to dismantle part of a state tax regime that for decades has served as a model for fiscal conservatives nationwide.
Coloradans will decide if the state can permanently keep tax revenue that otherwise would be refunded under limits set by a 1992 constitutional amendment called the Taxpayer’s Bill of Rights, or TABOR.
Democratic lawmakers who won a substantial legislative majority in 2018 elections that pushed this onetime swing state to the left placed Proposition CC on the ballot. They say it’s time to chip away at a formula has led to a multi-billion dollar under-investment in fast-growing Colorado’s schools and roads.
TABOR requires that proponents go to the ballot to let voters decide.