Posted on 09/18/2018 7:33:28 PM PDT by george76
In November 2018, voters will decide on Amendment 73, a state constitutional amendment which would increase income, property and corporate taxes in Colorado
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Amendment 73 effectively ends protections against continuous increases in residential property taxes. It increases the state residential property tax assessment rate for school districts. Commercial property will enjoy reduced rates.
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Amendment 73 reduces legislative oversight by locking increased spending into the state constitution.
There is no guarantee that more spending will increase educational opportunities for existing students.
(Excerpt) Read more at i2i.org ...
Colorado Ping ( Let me know if you wish to be added or removed from the list.)
Wait. I thought the legalized marijuana tax was going to solve all our problems. Now you tell me the dems still have their hands in my pockets? Let me show you my shocked face....
I wish the producers would just leave Colorado and let the Left figure out how to pay for everything from here on out.
Dems always lie and they never have enough of our money.
Never repeal TABOR!
Polis will drive out more energy producers.
Yeah the millions from marijuana should have them feeling happy but no, it’s time to play the school “crisis” card again to fund the NEA. Enough is enough!
Looks like Colorado has got itself in the same mess as California with Prop 13. By turning property taxes into a state issue, now its the state and not the cities and counties that get to decide how wasteful they want to be when spending on education.
Conservatives and Republicans think they are smart when they gain control of the state. They make statewide laws regarding taxes and regulations. Only later when the state gets taken over by liberals and RINOs should they realize the error in their ways.
But they never do. The pubbies and conservatives in California still don't realize what a fustercluck Prop 13 has become after years of liberal domination at the state level.
It’s what they do...
I wish there were a way to dismantle the homes and businesses of Conservatives, and move them elsewhere, without taking a big loss.
Just gut the infrastructure of the state and watch it twitch in it’s death throws.
Thanks, george. Emailing right now.
Fix Our Damn Roads, everything else is a NO.
Here in NJ we have local property taxes to pay for our schools, emergency responders, public works - and in theory it is good because you have more control over local issues at the ballot box. The problem is the sh!tholes have no revenue, so we have to pay for everything for them as well (through other taxes - fed, state, county). Also, once teachers’ unions dominate your politics, all of the money is funneled to them (and much of that on to the Democratic Party), so you lose your other services. Now we have crappy roads, “stop” signs covered by foliage, rampant crime, and the highest paid teachers in the country. After a few decades of this, you’ll end up spending a lot of current revenues on the retirement benefits of people who haven’t worked for years. Anyone considering moving to your state or opening a business there realizes they’d just be buying a piece of a massive IOU, and they go elsewhere (to cheaper pastures).
State pension fund must really be in the red.
Now in NJ we’re in stage 3 - the end stage: Americans are fleeing (following employers in a mass exodus from the state), and they are being replaced by trafficked foreigners bolstered by all sorts of government aid to create a pseudo-economy based on nothing more than wealth redistribution. The government worker caste is our upper middle class, while McJobs or unemployment are increasingly the norm. We recently elected a Dem governor who pledged to raise taxes (before the election!), so we’ll continue as the highest-taxed state in the country; the election showed a real tipping point had been reached, where taxpayers were outnumbered/outvoted by “takers”.
Just checked...CO has $94.2 billion in public pension liabilities versus $43.4 billion in assets. BOHICA, taxpayers.
You just described NYS, too.
I’m a retired grandma, with no kids in school. I moved here to Denver 4 years ago, and watched my taxes go up and up. I see big pot stores on every corner and in between, with their parking lots full. Aren’t they taxed enough, already? (Pun intended...)
Ive lived in Denver 50 years. Sent all my kids to parochial schools and paid property tax for the last 32 years when I became a homeowner. I have seen this state go from deep red to wacky blue illegal alien coddling leagized pot addled wreckage. They dont need my tax dollars let them tax the potheads more. After all that was going to stop all of the states budget problems so go get em....
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