Ben Murrey@benamurrey
Colorado is over-collecting taxes.
Instead of refunding the excess to everyone, #coleg gives a chunk of the extra money away to special interests first.
The #1 BEST WAY to prevent this is to cut the income tax rate for EVERYONE.
You can read my column on this by clicking the following link:
https://i2i.org/colorado-tax-expenditure-modifications-2023/
#ColoradoRejectedPropHH
#ItsYourMoneyNotTheirs
#DontBeFooled
#VoteOnTaxesAndFees
#FeesAreTaxes
#TABOR
#FollowTheMoney
#FollowTheLaw
#ThankGodForTABOR
TABOR, or the Taxpayer’s Bill of Rights, can be confusing for many residents, even though it plays a big role in the amount of services a city can offer. Check out this video for a quick and easy explanation.
This month marks the 30th anniversary of Colorado’s Taxpayer’s Bill of Rights (TABOR), which was approved by voters in November of 1992 as a constitutional tax and expenditure limit (TEL). TABOR is considered the gold standard of state fiscal rules because it limits the growth of most of Colorado’s spending and revenue to inflation plus population. If the state government collects more tax dollars than TABOR allows, the money is returned to taxpayers as a TABOR refund. The receipt of tax rebates, totaling $8.2 billion since TABOR passed in 1992, has strengthened Colorado citizens’ confidence in the TABOR Amendment over the years. To learn more about TABOR and effective TELs, read our latest report and visit FiscalRules.org
Economist Dr. Paul Prentice explains Colorado’s Taxpayer Bill of Rights (TABOR) amendment. TABOR allows the state budget to grow each year at population plus inflation, while giving taxpayers the ability to vote on all tax and debt increases.
Former President of the Independence Institute and former Colorado State Senate President John Andrews gives a brief history of the Taxpayers Bill of Rights (TABOR), how it’s been altered through the years, and what the future holds.
Only tax INCREASES have to go on the ballot.
Tax DECREASES do not.
Prop HH is on the ballot. . . .
Don’t be fooled by Leftist smoke and mirrors.
This is one of the biggest money grabs in Colorado history.
#ItsYourMoneyNotTheirs
#DontBeFooled
#VoteNoOnPropHH
#TABOR
We didn’t need an election this November to receive a modest property tax reduction. The legislature can cut taxes anytime; it doesn’t need voter approval.
But with Coloradans facing the largest property tax increase of our lifetime due to soaring home prices, the legislature chose to put a massive expansion of government on the ballot disguised as a property tax cut.
Remember this: even if Proposition HH passes, property taxes will still increase. If property values double in the next 10 years, so will property taxes.
The deceptive ballot question asks: “Shall the state reduce property taxes for homes and businesses…” That sounds good, so voters may not read much further. Even if they do, the ballot never explains voting “yes” is agreeing to give up refunds under the Taxpayers Bill of Rights (TABOR) and to permanently increase the cost of state government. Continue reading
