Mar 17

Will The Left Abolish TABOR?

Friday @CompleteCO update:
@JonCaldara, @MichaelCLFields and @benamurrey on defending and strengthening the Taxpayer’s Bill of Rights
#copolitics
http://CompleteColorado.com

https://twitter.com/CompleteCO/status/1636728225970946048?s=20

Click this link, https://www.youtube.com/watch?v=gGkh2Kg-MJU, to watch Jon Caldara, Michael Fields, and Ben Murrey discuss TABOR;

 

Feb 09

IRS tells Coloradans to hold off on filing as it considers taxing TABOR refund

The IRS says our TABOR refunds may be subject to income tax. It’s asking Coloradans to hold off on filing their taxes until it makes a determination.

If you received a TABOR refund last year, you might owe federal taxes on that money.

It is the first time the agency has questioned the taxability of TABOR refunds since voters passed the Taxpayer Bill of Rights 30 years ago.

The constitutional amendment caps the amount of revenue the state is allowed to keep and, anything over that cap, needs to be sent back to taxpayers.

Last year, it was nearly $3 billion, which resulted in $750 checks for individuals and $1,500 for joint filers. Continue reading

Nov 13

TABOR Turns 30: Thirty Years of Colorado’s Taxpayer’s Bill of Rights

This month marks the 30th anniversary of Colorado’s Taxpayer’s Bill of Rights (TABOR), which was approved by voters in November of 1992 as a constitutional tax and expenditure limit (TEL). TABOR is considered the gold standard of state fiscal rules because it limits the growth of most of Colorado’s spending and revenue to inflation plus population. If the state government collects more tax dollars than TABOR allows, the money is returned to taxpayers as a TABOR refund. The receipt of tax rebates, totaling $8.2 billion since TABOR passed in 1992, has strengthened Colorado citizens’ confidence in the TABOR Amendment over the years. To learn more about TABOR and effective TELs, read our latest report and visit FiscalRules.org.


 

Nov 12

Reining in the Size and Scope of State Government

In celebration of thirty years of the Colorado Taxpayer’s Bill of Rights (TABOR), ALEC today launched its Fiscal Rules campaign, featuring the interactive Fiscal Rules microsite, new Fiscal Rules animated video, and new report, “TABOR Turns 30: Thirty Years of Colorado’s Taxpayer’s Bill of Rights.”

https://www.fiscalrules.org/

Jun 17

The Past Present and Future of TABOR featuring Michael Fields and Dustin Zvonek

On this edition of Common Sense Digest, we take a deep dive into a major law unique to Colorado, and why it is relevant today, nearly three decades after being voted in by Coloradans in 1992. That’s right, we’re discussing the Taxpayer’s Bill of Rights, commonly referred to as TABOR.

In recent years, we have seen direct attempts through our state’s ballot process to strike TABOR entirely. At present, TABOR is being challenged from multiple angles and our Host and Chairman Earl Wright welcomes two guests to discuss why TABOR matters, what makes it unique, and what challenges lie ahead for it.

Joining Earl is, first, Michael Fields, Executive Director of Colorado Rising Action, a 501(c)(4) that fights “for limited government, lowering taxes, fighting government over-regulation that stifles freedom, affordable and accessible health care, free enterprise, and a strong national security.” Also joining is Dustin Zvonek, current candidate for Aurora City Council, a small business owner, former congressional and legislative aide, current member of the Aurora Citizens Advisory Budget Committee, and alumnus of Common Sense Institute.

Thank you for listening to Common Sense Digest.

May 15

Penn Pfiffner – TABOR in the Courts (Taxpayers Bill of Rights) March 23, 2015

There has been a major battle brewing in Colorado over the Taxpayer’s Bill of Rights, so we brought in one of the leading authorities on the subject, Mr. Penn Pfiffner, to talk about it. After a short refresher on the form and function of TABOR (http://youtu.be/GBZOJCsuFwA), Penn discusses the current legal attacks and the defenses being offered.

Understanding TABOR is as easy as it is crucial, so load up on some intellectual ammunition so you can defend your rights as taxpayers when speaking with friends and colleagues who may be unwittingly trying to take them away.

Penn Pfiffner was an early leader and proponent of the Taxpayer’s Bill of Rights (TABOR) and served as Regional Coordinator in the 1986 effort. He served on the TABOR Committee in subsequent years and is the current Chair. He led the opposition campaigns to the anti-TABOR Amendment 59 in 2008 and the tax increase proposal, Proposition 103.

Penn earned a Masters in Finance from CU-Denver. He taught college Economics part-time for thirteen years, at both graduate and undergraduate levels. He has a financial and managerial consulting practice, Construction Economics, LLC. Penn and Karen are the parents of three adult children. He is a veteran, having served as an officer in the Navy.