The Spot Blog
Gov. John Hickenlooper on Thursday asked a divided legislature for a major overhaul in how the state spends money, outlining a plan that would shift taxpayer refunds in the next two years toward middle-income earners but eliminate the largest tax breaks expected in 2018.
In the most significant move so far in his second term, the Democrat is seeking to ease what he calls Colorado’s “fiscal thicket,” a mess of spending and taxing laws that often conflict and limit spending on priority areas, such as education and transportation.
“Colorado has great needs and extraordinary budgetary constraints,” Hickenlooper wrote to lawmakers in a four-page letter. This proposal “provides some measure of simplification of the rules we have and strikes a balance between limiting our revenue and addressing the needs of a growing state.”
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