What You Need to Know About Amendment 73 and Public Education Funding
- September 18, 2018
Colorado has a regressive tax burden that punishes the poor. It’s not fair. Voters in the Centennial State heard that a lot last year, but is it true? If so, how and why, and what should be done about it? Key Takeaways: The Colorado tax code imposes an overall regressive tax burden. While the overall
READ MOREColorado has 4,518 active local governments that collect property taxes. Every single one of them wants more money. So do the interest groups that get money from those governments. Passing Amendment B will help them get it.
READ MOREIB-C-2018 (Sept. 2018) Author: Linda Gorman DOWNLOAD REPORT IN PDF Executive Summary: In November 2018, voters will decide on Amendment 73, a state constitutional amendment which would increase income, property and corporate taxes in Colorado to fund public education. If Amendment 73 passes, Colorado will no longer have equal state income tax rates for all.
READ MOREThe roughly $300 million a year that the Colorado Department of Transportation (CDOT) says it needs to fill the state’s road spending deficit is less than 2 pennies out of each dollar of total state spending.
READ MOREIB-D-2015 (July 2015) Author: Linda Gorman PDF of full Issue Backgrounder Introduction: Colorado state government has a spending problem. Between FY 1999-00 and FY 2013-14, its inflation-adjusted expenditures rose by 38 percent.1 Its inflation-adjusted revenues rose by just 34 percent. Although Colorado’s working age population grew over the period, its private sector employment stagnated.
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