The Taxpayer’s Bill of Rights was supposed to keep money in people’s pockets, but 80 percent of Coloradans actually pay more in taxes to supplement their local schools, according to a study released Tuesday by the Colorado Futures Center at Colorado State University.

“Since the early 1990s, Colorado has enacted layers of reform in pursuit of two conflicting goals – lower property taxes and well-funded public schools,” said Phyllis Resnick, lead economist at the center and lead author of a paper the research for the nonpartisan Lincoln Institute of Land Policy, “Measuring the Impact of Tax and Expenditure Limits on Public School Finance in Colorado.”The Lincoln Institute is a private think tank that studies land taxes and use.

“The result is greater inequality and inconsistency, and surprisingly, a greater tax burden for most Coloradans.”

To read the rest of this article, click the following link:
http://blogs.denverpost.com/thespot/2015/09/01/csu-study-finds-80-percent-of-colorado-taxpayers-pay-more-because-of-tabor/122792/