Some Constitutional Takeaways from the 2024 Presidential Election
- November 30, 2024
With the public distracted by gun control, abortion, and other hot-button issues, the Democrat-controlled Colorado legislature is quietly advancing nearly two dozen bills to redistribute your taxpayer refund to special interests. The Taxpayer’s Bill of Rights (TABOR) in Colorado’s Constitution requires the state to refund excess tax revenue back to taxpayers. The state cannot spend this surplus
READ MOREUnder current law, residential property taxes are set to increase by over 30 percent on average across Colorado. Such increases will come as a shock to homeowners who until recently were protected from large property tax increases like this by the Gallagher Amendment in the state constitution. Renters will see the impact of the tax
READ MOREVoters gave Colorado Democrats a decisive victory in this year’s state races, yet they also passed Independence Institute’s income tax cut by approving Proposition 121. While they elect left-of-center candidates, they continue to expect low taxes and fiscal restraint by their government. As recently as 2018, Republicans controlled the Colorado senate and served as a
READ MOREPaul Prentice, economist and Independence Institute senior fellow, sits down with Jon Caldara to discuss his study Unequal Opportunities, Unequal Outcomes: The COVID-19 Recession in Colorado. The study explores Colorado’s policy responses to the COVID-19 pandemic and the economic and social consequences of those policies for various populations across the state. I don’t know
READ MOREWith the 2021 Colorado regular legislative session concluded, lawmakers have approved tax and fee increases on Coloradans of up to $617 million annually without voter consent. The new revenues are enough to give every schoolteacher in Colorado a $11,343.65 per year raise. The tax and fee increases amount to an average of $430 per year
READ MOREDespite being awash with funds from improved revenues and billions of dollars in federal pandemic aid to the state, Democrat legislators have chosen to fund their transportation priorities with regressive new fees that disproportionately impact the poorest Coloradans. The $5.3 billion transportation bill (SB 21-260) working its way through the legislature this week will create approximately $3.8 billion in new
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