Oct 16

TABOR Committee position on Proposition 120

The TABOR Committee urges a YES vote on Proposition 120, “Property Tax Assessment Rate Reduction.”

The proposal would put into law the assessed values for residential and commercial property for purposes of calculating annual property taxes.  It would lower the calculated tax burden by about $1 Billion.

The repeal of the Gallagher Amendment was argued as a way to simplify the tax system and make it more rational.  It also resulted in higher expected property taxes.  This proposal reduces the expected property taxes.  After the measure qualified for the ballot, the legislature acted to thwart the will of the people by passing a bill which vastly reduced the effect.  Voting for the measure will certainly lead to a necessary legal challenge, based on the standing legal theory that the most recent change in statute (the passage of the Proposition) becomes the new controlling law.  Not only is this measure’s underlying tax reform a good idea, but the fall-out will be critical in preventing future legislators from denying the people the right of the initiative through dishonest subterfuge.

#ItsYourMoneyNotTheirs
#ThankGodForTABOR
#VoteOnTaxesAndFees
#TABOR
#FollowTheMoney
#FollowTheLaw
#UnlessLiberalsIgnoreTheLaw

Oct 16

TABOR Committee position on Proposition 119

The TABOR Committee urges a NO vote on Proposition 119, “Learning Enrichment and Academic Progress Program.”

The initiated measure would change state law to increase taxes by $137.6 Million on marijuana.  Proceeds would go to a new program and agency to fund K-12 after-school activities.

That this concept includes voucher-like opportunities is a good, but insufficient reason to support the measure.  Yet another new centralized state government program is unlikely to solve the problems, will have a significant administrative burden and necessarily get bogged down in red tape, funding too much bureaucracy and too little programming.  Additionally, ever-higher taxes on marijuana will encourage the lower-cost, criminal underground market for pot.

#ItsYourMoneyNotTheirs
#ThankGodForTABOR
#VoteOnTaxesAndFees
#TABOR
#FollowTheMoney
#FollowTheLaw
#UnlessLiberalsIgnoreTheLaw

 

 

 

 

Oct 11

Voters to decide if El Paso County can keep $15 million in excess revenues

Voters to decide if El Paso County can keep $15 million in excess revenues

From the 2021 Voter Guide: Races and issues in El Paso and Teller counties series

EL Paso County voters will decide in November 2021 whether to refund $15 million in excess government revenue back to residents or to use the money to address road infrastructure projects and backlogged parks maintenance.

Courtesy of El Paso County Public Works

 

El Paso County voters will decide whether the county may keep $15 million in excess government revenues to fund road infrastructure and deferred parks maintenance projects when they cast their ballots Nov. 2 — money that would otherwise be refunded to taxpayers under Colorado’s Taxpayer’s Bill of Rights.

If voters approve the question, El Paso County will use $13 million of surplus funds to pay for backlogged roadway improvements, including paving and repairing potholes on roads throughout the county. Another $2 million would fund deferred parks projects such as capital improvements, trail preservation and wildfire mitigation at Bear Creek Park, Paint Mines Interpretive Park, Fountain Creek Regional Trail, Ute Pass Regional Trail, The Pineries Open Space and Fox Run Park, including a northern nature center.

The question also asks voters to decide whether to raise El Paso County’s revenue cap to reflect actual 2021 revenue, increasing the limit from $285 million to about $300 million. The amount of the final revenue cap is unknown until next May, because El Paso County will continue collecting additional state and sales tax revenues through the rest of the year, county spokeswoman Natalie Sosa previously said.

2021 Voter Guide: Races and issues in El Paso and Teller counties

TABOR calculates increases in most local government revenues to a formula based on population growth and inflation. Excess can only be used for voter-approved purposes. Continue reading

Sep 30

Lawsuit filed seeking to remove Amendment 78 from Colorado’s November ballot

FILE - Colorado Election 2020
A lone voter casts his ballot amid voting stations set up in the McNichols building Friday, Oct. 30, 2020, in downtown Denver.

Amendment 78 would transfer the power to appropriate custodial funds (state revenue not generated through taxes) from the state treasurer to the state legislature.

Plaintiffs alleged that the amendment is not substantially related to Colorado’s Taxpayer’s Bill of Rights (TABOR) and therefore should not appear on the 2021 ballot. Measures that can go on the ballot during odd years in Colorado are limited to topics that concern taxes or state fiscal matters arising under TABOR. This requirement was added to state law in 1994. The Colorado Taxpayer’s Bill of Rights (TABOR) requires voter approval for all new taxes, tax rate increases, extensions of expiring taxes, mill levy increases, valuation for property assessment increases, or tax policy changes resulting in increased tax revenue. TABOR limits the amount of money the state of Colorado can take in and spend. It ties the annual increase for some state revenue to inflation plus the percentage change in state population. Any money collected above this limit is refunded to taxpayers unless the voters allow the state to spend it

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

Sep 28

EDITORIAL: $4 billion in returns will fuel the economy

Tails should not wag dogs. It defies physics, not to mention the will of the dog. Tails should wag dogs no more than politicians should decide the size and scope of a government established by the governed to serve the governed. A roaring economy should never increase the size and scope of government unless the people demand it.

The residents of Colorado have made clear they don’t want more government. They believe the state has all the money it needs. They reiterated this conviction just two years ago when they trounced Proposition CC, a proposal to let the state keep revenues above a floating state spending cap determined by an equation of inflation and population growth.

Just last year, voters went a step further and lowered the Property tax from 4.63% to 4.55%, and probably would have voted for a lower rate had they been given the option.

One reason this center-left blue state wants to throttle back government spending is the general discontent the public has with the way politicians treat their money.

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

Sep 28

Colorado to issue $4.1 billion in taxpayer refunds in next four years

Source: Colorado Legislative Council; Chart: John Frank/Axios

Colorado is preparing to issue $4.1 billion in refunds to taxpayers over the next four years, new projections show.

State of play: Whether that’s a good thing remains up for debate among state lawmakers.

What’s happening: Democratic lawmakers and liberal advocates are renewing a push to bypass the Taxpayer’s Bill of Rights and keep the surplus tax revenue, saying the money is needed to help the state build back from the pandemic and improve education.

  • Early discussions involve moving certain revenue off the books.
  • Another possibility is asking voters to keep the money through a ballot measure.

What they’re saying: “This coming year, taxpayers will see rebate checks, but those will come at the expense of better funding for public services that reduce costs for all of us,” state Sens. Chris Hansen and Dominick Moreno, both Democratic budget writers, wrote in a recent opinion piece.

The other side: Gov. Jared Polis, a Democrat, is cheering the refunds, saying they’re a sign of a good economy.

Conservative supporters of TABOR are blasting Democrats for wanting to keep the cash.

  • “Colorado voters have said time and time again they want their TABOR refunds,” said Jesse Mallory, the Colorado director of Americans for Prosperity, a limited-government group. “The legislature should not ignore the will of the voters and look for loopholes to keep them.”

How it works: Under TABOR, the voter-approved constitutional amendment, Colorado’s tax revenues cannot exceed the rate of inflation plus population growth. When they do, the surplus must go back to taxpayers unless voters allow the government to spend the money.

The size of the surplus determines how it is refunded.

  • For the current year through 2024, the surplus is so large it will result in a temporary reduction of the state’s income tax rate from 4.55% to 4.5% and a sales tax refund.

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

Sep 23

State’s economic recovery expected to fuel billions in TABOR refunds

Colorado taxpayers should expect to see Taxpayer’s Bill of Rights refunds for the next several years, provided state revenues continue to do well over that time, state economists told lawmakers Tuesday.

Those economists told the Colorado Legislature’s Joint Budget Committee that their third-quarter revenue forecasts are showing that if the economy continues to bounce back from last year’s pandemic downturn the way it is right now, the state could see more than $4 billion in surplus revenue over the next four years.

That’s money over and above what the 1992 TABOR and 2005 Referendum C voter-approved amendments allows the state to retain, meaning it all is to be refunded to taxpayers when they file their income tax forms starting next year.

As things stand now, the Legislature expects to refund about $471.4 million next year, $1 billion in 2023, $1.2 billion in 2024 and $1.4 billion in 2025, the economist estimated.

That’s all possible because the state’s economy overall is at or near at pre-pandemic levels.

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

Sep 21

The Colorado Discriminatory Grant Program

FYI.
This is similar to President Biden’s Federal program for minority businesses that was ruled unconstitutional by a Federal judge.
Governor Polis is trying to skirt the law with Colorado funds.
Forward this information to your friends who qualify so we can try to get the Colorado program ruled unconstitutional

 

 

 


From:
Wen Fa [mailto:WFa@pacificlegal.org]
Subject: RE: Colorado’s Discriminatory Grant Program

Pacific Legal Foundation is looking to identify small businesses in Colorado that may be interested in serving as public interest clients (i.e., with our pro bono representation) in challenging Colorado’s program that prioritizes grants to certain minority owned small businesses. Below is a summation of the issue. If you know of anyone who might be a good fit, we would be very interested in connecting with them.

Colorado is in the process of creating guidelines to distribute 1.7 million dollars in grants to small businesses impacted by the COVID pandemic. The law that authorizes this program expressly gives a preference to “minority-owned business,” and disadvantages businesses owned by someone who is white or Native American.   Last week Colorado posted guidelines for the grants: http://oedit.colorado.gov/disproportionately-impacted-business-grant .   The grants are for up to $10,000 per business, and applications are open from September 17 to October 3, 2021.

The program will give a preference to minority-owned businesses in distributing the grants, which we still believe is unconstitutional.

Given the short application window, we want to speak with individuals who own small businesses and are interested in applying for these grants as soon as possible. Please let me know if you have any questions.

Wen Fa | Attorney
Pacific Legal Foundation
930 G Street | Sacramento, CA 95814
916.419.7111