How much Colorado taxpayers will get in TABOR refunds depends on these
How much Colorado taxpayers will get in TABOR refunds depends on these two wildcards
A ballot measure in November will ask voters a key question, and now lawmakers are talking about a special legislative session, too
POLITICS AND GOVERNMENTPRIMARY CATEGORY IN WHICH BLOG POST IS PUBLISHED
John Frank@ByJohnFrankThe Colorado Sun — [email protected]
Colorado taxpayers could get a potential TABOR refund worth hundreds of dollars over the next three years — or not.
How much the state returns to taxpayers depends on two major questions, one that Democratic leaders will answer and another that voters will decide.
The two combine to form a political puzzle for Democrats and a test case for critics who want to weaken the Taxpayer’s Bill of Rights, the state’s only-in-the-nation limits on government spending.
The first question is whether Democratic Gov. Jared Polis and top lawmakers will call a special legislative session to raise the TABOR revenue cap. Democratic leaders acknowledged Wednesday that it’s an option being discussed, and if it happens, it could substantially reduce projected taxpayer refunds for 2020.