Category Archives: TABOR news story

Dec 03

OPINION | Family-leave ‘fee’ (spelled t-a-x) is another end-run on TABOR

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It looks like @ColoradoDems in the #coleg are moving “full steam ahead” on state-sponsored #PaidFamilyLeave. But watch how they decide to fund it. They’ll prob create a new tax w/out #TABOR vote – & call it a FEE. My latest for @colo_politics

OPINION | Family-leave ‘fee’ (spelled t-a-x) is another end-run on TABOR

  • Jimmy Sengenberger

There are a couple of federal government programs that have been around for decades. You might have heard of them: Social Security and Medicare.

You might also know that these programs are funded by payroll taxes.  If you’re an employee working at a company, then the contribution is “split” 50/50 between you and your employer.  Your portion is withheld and sent to the government each paycheck.  If you’re self-employed, you must pay the full amount yourself.  According to the IRS, the tax rates total 12.4% and 2.9% for social security and Medicare, respectively.

You’ll notice that the creators of these programs were clear they’d be funded with a payroll tax on both employees and employers.  They didn’t play word games.  They were upfront that every working American would be taxed a percentage of their income to support Social Security and Medicare.

Colorado Democrats are moving “full steam ahead” to create a new, statewide paid family leave (PFL) fund.  This program would enable employees to receive “12 weeks of paid family leave for pregnancies, infant or sick relative care, or recovery from illness.”

The 2020 bill is still being written following input from a commission tasked with proposing ideas.  But if the fund ends up being financed in a way that is similar to the 2019 version’s formula, it would involve a split — perhaps 60/40 — between employees and employers.

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Nov 29

What’s next after the failure of Proposition CC?

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

Thursday, Nov. 28, 2019 12:25 PM

With the defeat of Proposition CC, voters ensured taxpayer refunds and the periodic legislative exercise in avoiding them are here to stay.

The 2020 budget cycle is shaping up to be no exception. The legislative session is still weeks away, and Colorado budget writers already face a daunting list of requests.

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Nov 21

Natelson: Educating newcomers about Colorado values

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Colorado’s economic prosperity is mostly a good thing, but it has a downside: Prosperity attracts newcomers ignorant of our state’s culture—and often unaware there is 

 

 anything to learn.

You can see it in the great outdoors. Colorado’s environment is different from those of most other states. Colo

rado has greater altitudes, steeper mountains, harsher sun, drier weather, sudden weather changes, and fierce temperature drops. Our environment, while stunning, is far less forgiving than most newcomers are used to. If you get into trouble . . . . well, as we used to say in the Colorado Mountain Club, “The mountains don’t care.”

For that reason the classic “ten essentials” of hiking—extra layers, extra water, a head covering, maps, good boots, sun screen, etc.—are even more important for Colorado than for most other places.

Yet visit any of our popular hiking areas and you’ll see the trails populated by people outfitted like they were strolling in a public park in Boston: no hats, no extra layers, little water, almost no provisions of any kind.

 

 

 

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Nov 21

County mulls how to refund excess tax revenue

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  • CHARLES ASHBY
Mesa County’s three commissioners are hoping to find a better way to refund about $5.1 million in surplus revenue that it must return under the Taxpayer’s Bill of Rights.

In the past, the county would do so through a property tax credit, but the commissioners said they were somewhat hesitant about using that mechanism for two reasons, one of which is that a good portion of it would end up in the hands of out-of-area property owners.

The bigger reason, however, is that the surplus revenue didn’t come from property tax payers.

Click (HERE) to read the rest of this story

Nov 12

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

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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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Nov 07

Hope and Despond in Colorado

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Voters stood up for tax refunds—but not charter schools.

By  The Editorial Board
Nov. 6, 2019 7:05 pm ET

Opinion: Colorado Voters Stood Up for Tax Refunds


Proposition CC would have affected the Taxpayer Bill of Rights in Colorado. However, the measure failed at the polls on November 5, 2019. Image: David Zalubowski/Associated Press

They didn’t make the biggest headlines, but Tuesday’s elections in Colorado included two results that deserve national attention. First, a wide margin of voters refused to weaken the state’s Taxpayer Bill of Rights, a constitutional provision that prevents state tax collections from outpacing inflation plus population growth.

Voters approved TABOR, as it’s commonly called, in 1992. Since then it has delivered Coloradans about $3.5 billion in tax refunds, which are required whenever state revenue exceeds the calculated limit. But politicians, being politicians, would much prefer to spend the extra funds. Proposition CC would have eviscerated TABOR by allowing the state to put any revenue windfall into schools and roads.

A point of worry among fiscal conservatives was the ballot question’s wording, which began: “Without raising taxes . . . ” Perhaps this was strictly accurate, since no tax rates would have changed. But it was misleading in spirit, given that the proposition’s point was to let the state government keep more taxpayer money. Voters weren’t fooled. The measure failed, 45% to 55%, as of the tally Wednesday.

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