Jan 23

Bipartisan bill proposes fee-based hazard mitigation enterprise; to fall outside TABOR revenue limits

Bipartisan bill proposes fee-based hazard mitigation enterprise; to fall outside TABOR revenue limits

January 22, 2020 By Scott Weiser


Hazard mitigation controlled burn
Courtesy of W. Perry Conway

DENVER–House members Matt Soper, R-Grand Junction and Lisa Cutter, D-Jefferson County are proposing to create a new state-owned hazard mitigation enterprise that would collect a 0.05% fee on certain policies from insurance companies.

The enterprise would in part “assist entities that apply for federal grants that require matching funds and are dedicated to assisting in the implementation of pre-disaster hazard mitigation measures.”

Other tasks include “public education on the importance of insurance in buying down risk and for the continuity of business operations, and provide local governments technical information and support on natural hazard mitigation through land use and building codes.”

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

Jan 08

IN RESPONSE | Pols trample on TABOR; let’s demand our petition rights

Douglas Bruce

Re: “Colorado must draw a line between ‘tax’ and ‘fee,’ ” Jan. 6.

As TABOR’s author, I fought many traps our foes set for us. We went down their rabbit trail of theoretical debates … twice.

The 1988 TABOR covered “fees” that yearly increase above inflation. Foes used examples like library card fees increasing 10%, which may be a quarter. “We can’t vote all the time” on trivial sums.

The 1990 fight allowed increases rounded up to the next dollar. Same result. We can’t set a limit — say, $50 million — on a fee increase; they will simply increase 50 fees $40 million each. They will also increase licenses, permits, etc.

In 1992, we switched “fee v. tax ” details for revenue spending limits. The Establishment took OUR bait. The issue was our right to vote at all, and we won. Set the agenda and frame the issue, and you win the debate.

Our foes then violated TABOR for 28 years, by saying road and bridge “fees” are for “enterprises,” though they clearly violate the definition. Ditto hospital provider fees, the Dirty Dozen in 2009, and dozens more.

To continue reading this story, please click (HERE):

Jan 02

Income tax rates decreasing in Colorado in 2020 as TABOR Refunds kick in


DENVER — It’s official. Coloradans will be giving less to Colorado state government in 2020.

Governor Polis made the announcement official in an oped this morning with The Colorado Sun. 

Income tax rates will be decreasing from a flat 4.63% to 4.5%.

The decrease was mandated by the Colorado State Constitution and the Taxpayer Bills of Rights (TABOR) which limits how much government can grow each year.

Passed in 1992, this is the first year TABOR has triggered cuts. As opposed to sending checks to taxpayers, income tax rates will be cut instead.

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

Dec 31

TABOR 2019 State of Colorado Taxation Division Website

TABOR 2019

Decorative Image

History of TABOR

The TABOR Amendment was approved by voters in 1992. This amendment to the Constitution of the State of Colorado limits the amount of revenue the state can retain. The TABOR limit is equal to the lesser of the prior fiscal year’s revenue limit plus the rate of inflation and population growth in Colorado or the current fiscal year’s revenue. Also, the TABOR Amendment requires voter approval for certain tax increases. For more information about TABOR, visit the Legislative Council TABOR web page.

TABOR Refund

Hide2019 TABOR Refund Amount
The 2019 TABOR refund will be different from 2015, when there was a sales tax refund. This year, the TABOR income tax rate reduction will result in either a larger refund, if the taxpayer over withheld in 2019, or a smaller bill, if the taxpayer did not withhold enough/make enough estimated tax payments. The refund amount will be different for each taxpayer, based on their unique income tax situation.
Dec 27

Any TABOR measure needs to say what it is

Any TABOR measure needs to say what it is

By THE DAILY SENTINEL

If we asked readers to give us their honest feedback about Article X, Section 20 of the Colorado Constitution, we doubt we’d get any. Who, besides lawmakers or legislative staff, could even hazard a guess as to what issue that part of the Constitution addresses?

But if we asked readers to give us their honest feedback about the Taxpayer’s Bill of Rights, that’s a different story. Even if you didn’t have a firm position on whether it affects the state’s ability to deliver government services, you’d at least be familiar with the general subject matter.

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

Dec 26

Group restarts tax fight, files 35 ideas for Colorado ballot

Ballot proposals would move the state back toward a graduated tax
Lawmakers meet in the Colorado House of Representatives on May 1.

Dec 17

Happy New Year From Your Colorado TABOR Foundation!

By a vote of 55% to 45%, you helped defeat Prop CC to remove TABOR spending limits, but they’re at it again.

Anti-TABOR activists are already testing ballot language for a 2020 initiative to unwind your Taxpayer’s Bill of Rights. With a high Democratic voter turnout, they see next year’s election as their chance to amend the State Constitution to give government taxing authority without a vote of the people.

The TABOR Foundation educates voters on how the Taxpayer’s Bill of Rights protects their livelihood and why it matters to their family’s future.

We give seminars, media interviews, social media updates, and we’re a primary contact for citizens asking for help when their local jurisdictions violate TABOR mandates.  Importantly, we engage in legal action to protect TABOR.

Defending freedom costs time – and money. We need more help. What can you do to help us?

Please send your donation of $50, $100, $150 or more. Checks payable to TABOR Foundation, a 501c3 not-for-profit organization, may be tax deductible as allowed by law.

And, we welcome your service with our Board of Directors, Speakers Bureau, or in some other capacity.  Please call me to talk about being more involved.  Thanks!

 

Sincerely,

Penn R. Pfiffner
Chairman
303-233-7731

TABOR Foundation
720 Kipling St.
Lakewood, CO 80215
www.thetaborfoundation.org 

Nov 29

What’s next after the failure of Proposition CC?

Democrats in the Colorado legislature will sacrifice parts of their agenda or find politically risky ways to pay for it

Continue reading

Nov 12

We could use your help, talents, and skills defending the gold standard, Colorado’s Taxpayer’s Bill of Rights (TABOR).

Now that Proposition CC has gone down in flames, what will progressives do next to sabotage TABOR?
Aren’t you sick and tired on politicians trying to weasel their way out of, or ignoring, TABOR?
We need to do something about it, right?
Well then, why not you?
Yes, you read that right.
Why not?  It’s a great time to get involved.
If not you, then who?
We could use your help, talents, and skills defending the gold standard, Colorado’s Taxpayer’s Bill of Rights (TABOR).
We’re looking forward to having you help Colorado.
It’s easy to join.
See below on how you can make a difference.

 

 

 

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