Category Archives: TABOR news story

Sep 21

Now we know how much money is at stake on the 2019 ballot with Proposition CC and TABOR refunds in Colorado

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Now we know how much money is at stake on the 2019 ballot with Proposition CC and TABOR refunds in Colorado

New economic forecasts show the state may refund as much as $1.7 billion to taxpayers in the next three fiscal years — but not all will benefit the same

The Colorado Sun — johnfrank@coloradosun.com

On the November ballot, Colorado voters will decide a question potentially worth as much as $1.7 billion.

Proposition CC asks voters for permission to end the cap on state tax revenue outlined in the Taxpayer’s Bill of Rights. If the answer is yes, the state plans to spend the money on schools, higher education and transportation projects. If the answer is no, the money would get returned to taxpayers as a refund — mostly to benefit seniors and disabled veterans.

Just how much money is at stake became clearer Friday, as state economists released the latest economic projections to inform the ballot question

The tax revenue is estimated to exceed the TABOR caps by $541.7 million to $1.7 billion total in the next three fiscal years through 2022, according to forecasts from legislative economists and Gov. Jared Polis’ budget office. If the state’s economy continues to prosper, the total would continue to grow in future years.

House Speaker KC Becker, D-Boulder, said the numbers show how much Colorado voters can do to address priority spending areas in the $30 billion state budget if Prop. CC is approved.

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

Sep 21

Cooke: The case against Colorado’s Proposition CC

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 By Amy Oliver Cooke

For those who aren’t familiar with our Taxpayer’s Bill of Rights, also known as TABOR, it’s simple. TABOR promotes transparent, consensual and good, fair government. Ever since voters approved it in 1992, this constitutional amendment has been an indispensable voter check and balance on state government growth. TABOR provides reasonable limitations on revenue collection (population growth plus inflation) and general government debt.

If government wants to grow, all it has to do is ask voters. Coloradans are lucky to live in a state in which we get to decide on the size and scope of government.

First, there is no budget crisis.

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

Sep 14

TABOR Public Forum On October 12

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“TABOR public forum: Jefferson Unitarian Church’s Community Action Network group (JUC CAN) and the League of Women Voters of Jefferson County are co-hosting a TABOR public forum from 1-3 p.m. Oct. 12 at Jefferson Unitarian Church, 14350 W. 32nd Ave., in Golden. A panel will discuss both Proposition CC and Jeffco 1A. The event is free and open to the public. For more information, call JUC CAN at 303-279-5282 or the Jeffco League of Women Voters at 303-238-0032.”

http://wheatridgetranscript.com/stories/election-day-is-coming-jefferson-county,286174

Sep 01

North Carolina Republicans Vote To Follow The Lead Of Democrat-Run Colorado, And That’s Welcome News For Many Tar Heel Taxpayers

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Colorado Governor Jared Polis (D) and the leaders of the Colorado Legislature are progressives from Boulder who have many ideas for higher taxes and new spending. Much to their chagrin, Colorado’s Taxpayer’s Bill of Rights thwarts their plans to raise state tax rates and spending levels.

To read this Forbes story, click (HERE):

 

Aug 29

Referendum C hurt TABOR; Prop CC will do more harm

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They lied to us in 2005, and they are doubling down on this lie in 2019. Colorado voters were sold a bill of goods with Referendum C in 2005, and it is of the utmost importance that we aren’t fooled again with Proposition CC in 2019.

Proponents of Referendum C originally claimed that their measure was “temporary.” The measure was supposed to offer a five-year reprieve from the constitutional limitations created by the Taxpayer’s Bill of Rights (TABOR), allowing some fiscal flexibility for Colorado lawmakers to invest heavily in education and transportation.

Or so they claimed.

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

Aug 29

Why #TABOR Matters on August 29

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• In 2005, voters passed Referendum C to provide more than $2 billion each year for roads.
• In 2009, the legislature passed FASTER fees, which provides $250 million each year through higher car registration fees.
• In 2017, the legislature “fixed” the Hospital Provider Fee, which freed up $600 million for roads and education.
• This all means we spend almost $3 billion more per year since 2005, yet our roads are still in terrible condition.
 
Who is accountable?
 
#WhyTABORMatters
Aug 19

Proposition CC’s Ballot Language Is NOT Being Honest With Colorado

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Chris P. Bacon@CPBacon4CO
 

#PropCC Ballot Language **IF** the #democrats were being honest with #Colorado

 

But they’re not being honest

 
It’s not “Technically” a tax increase, but it IS permission for them to keep OverCharging your tax bills & keep it without asking