EDITORIAL: Politicians mismanage funds; don’t reward them with more

EDITORIAL: Politicians mismanage funds; don’t reward them with more

Colorado Capitol

The Colorado state Capitol in Denver.

The political class can never get enough of the private sector’s money. That is why politicians are trying to con voters into passing Proposition CC in November.

Do not give politicians a blank check. They have proven unable to manage what they already have.

Colorado is not a low-tax state where politicians scrape to fund basic services. Our state did not make Kiplinger’s top-10 list of the most tax-friendly states this year, released last week, despite having a one-of-a-kind Taxpayer’s Bill of Rights in the state constitution. Weakening this protection, as Proposition CC would do, will only make things worse.

By calling taxes “fees,” and because of Colorado’s booming economy, the state government finds itself awash in surplus revenue. It has so much excess income, estimates anticipate constitutionally mandated returns of nearly $400 million for fiscal year 2020 and 2021.

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