Category Archives: Fiscal Policy

Oct 25

14 REASONS TO OPPOSE UNLIMITED STATE SPENDING

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  1. Does it make sense to vote to give up your right to vote, FOREVER?
  1. Is it right to vote away other people’s right to vote?
  1. Government spending is either limited or unlimited. Which do you want?
  1. The Founding Fathers risked everything for “posterity.” That’s us. Should we surrender the rights of our children and grandchildren…our posterity?
  1. If you don’t want your state tax refund, tear up your state refund check, butdon’t deny state tax refunds to millions of families who want or need it.
  1. Make politicians live on a balanced budget, not a blank check.
  1. America was founded on “the consent of the governed,” a very good idea.
  1. If spending grows without limit in good times, cuts hurt more in bad times.
  1. Politicians can change current spending promises in 2020. It’s called lying.
  1. State spending grows automatically by inflation plus population; we are voting only on the surplus. No ordinary law can change the constitution.
  1. Total state spending is over $40.9 BILLION yearly; it has zoomed from $9 BILLION in 1994 (6.5% yearly). With 5.5 million people, it now exceeds $7,500 EACH ($30,000 for an average family of four). Isn’t that enough?
  1. In 2005, they tricked us into a 5-year state spending “time out.” 14 years later, they still steal our refunds. Our loss now exceeds $2 billion yearly.
  1. Colorado has the best economy of any state, per a national survey. Don’t ruin our prosperity by allowing this BIG tax hike!
  1. The ballot title says, “Without raising taxes,” another lie. If you lose your tax refund, you pay higher total taxes than if you get your tax refund.
Oct 23

Ferry: Prop CC is a blank check with no expiration date

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Even though I don’t write a column anymore, some issues demand attention. Today, it’s Proposition CC. The question is, where to start.

The deceptive wording is as good a place as any.

“Without raising taxes and to better fund public schools, higher education, and roads, bridges, and transit, within a balanced budget, may the state keep and spend all the revenue it annually collects after June 30, 2019, but is not currently allowed to keep and spend under Colorado law, with an annual audit to show how the retained revenues are spent?”

It seems to me if the legislature wants to strip one of the fundamentals of the Taxpayer’s Bill of Rights, our lawmakers should have the nerve to say so.

For those of you who don’t know, in 1992 voters amended the Colorado Constitution to limit the growth of government by limiting spending — a bill affectionately known as TABOR.

To read the rest of this TABOR editorial, please click (HERE):

Oct 23

If Prop CC passes, prepare for a full repeal of TABOR

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Kevin McCarney of Mesa County reminds voters “All tax revenue goes to the general fund” with #PropositionCC.

 Colorado is a unique state for many reasons. Beautiful land, bountiful waters, the Rocky Mountains. However the most unique thing about our state is not physical. It’s a law passed in 1992.

No other state in the union has one.

It is a most simple law. If the politicians want to raise our taxes, they have to put to a vote of the citizens. If they want raise our debt, they have to put it to a vote of the citizens. If the tgovernment collects more tax revenue than permitted they have to return the money to us. Simple as that.

Bureaucrats hate this law. So do most lawmakers. You see, they think they know how to spend our money better than we do and want the right to spend without limits.

Our Taxpayer’s Bill of Rights has led to a backlash at every level of government, and it stretches across party lines. Our people who represent us in government have one thing in common: They can never get their hands on enough of our money to spend.

To read the rest of this story, please click (HERE):

Oct 21

Colorado votes on tax regime embraced by conservatives

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Vote NO on Proposition CC so you don’t lose your TABOR Rights

POSTED 3:57 PM, OCTOBER 19, 2019, BY ASSOCIATED PRESS, 

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.

To read the rest of this story, please click (HERE):

Oct 21

Coloradans To Vote On Prop CC Which Dismantles TABOR

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Vote NO on Proposition CC so you don’t lose your TABOR Rights

 

DENVER (AP) – Democrats who control Colorado’s statehouse are asking voters to dismantle part of a state tax regime which for decades has served as a model for fiscal conservatives nationwide.

Coloradans will decide Nov. 5 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.

To read the rest of this story, please click (HERE):

Oct 16

Four reasons to vote no on Proposition CC

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Four reasons to vote no on Proposition CC

There are many reasons to vote no on Proposition CC, but for the sake of brevity, I will stick with the basics.

Reason No. 1: It does raise taxes.

While the first three words of the ballot language for Proposition CC are “Without raising taxes,” this simply isn’t true. And it’s hard to understand how proponents can keep a straight face with this one. If the state owes us money in the form of a refund because we’ve overpaid our taxes, and if they don’t give us the refund, we will in fact pay more taxes than we would have without Proposition CC. Period. Continue reading →