Major Problems in Montana's CI-128 (the Abortion Initiative)
- September 26, 2024
This week, we at Independence started a petition drive for a very big idea in the form of a tiny, little tax cut. Why? We must energize our economy. And in order to do that people need to be able to use more of their own money. It’s time to lower taxes and get people
READ MOREProposition 103 is an initiative that will increase Colorado tax rates and require the state to spend the money on government schools. Prop 103 increases the personal income tax, the corporate income tax, and the statewide sales and use tax for the years 2012 through 2016.
The Fiscal Impact Statement prepared by Colorado’s Legislative Council Staff estimates the cost of the tax increase at $2.9 billion. However, the cost for Colorado taxpayers will be significantly greater than staff estimates. Legislative Council uses static analysis, measuring only the direct impact of the higher taxes on state revenue. They ignore the negative impact the tax increase will have on economic growth and jobs in Colorado.
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