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The Latest Threat to the Colorado Taxpayer’s Bill of Rights

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Manage episode 371150129 series 2584817
Content provided by American Legislative Exchange Council. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Legislative Exchange Council or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

An upcoming ballot measure in Colorado would allow massive expansion in government spending and weaken the Colorado Taxpayer’s Bill of Rights (TABOR), the nation’s strongest taxpayer protection. At the tail end of Colorado’s legislative session, Governor Jared Polis signed a property tax bill that now requires voter approval. If approved, TABOR would be gutted in exchange for a small short term cut to property taxes. Known as Proposition HH, this proposal tempts voters with the promise of property tax cuts, while its real purpose is to water-down TABOR’s revenue and spending limits.

Ben Murrey, Director of Fiscal Policy at the Independence Institute described the package as a “boondoggle of a property tax plan.” According to The Center Square, it would decrease TABOR refunds by 23%.

TABOR is the gold standard for tax and expenditure limits (TELs). Since its adoption by voters as a state constitutional amendment in 1992, it has helped to restrain the growth of government and returned billions of dollars to Colorado taxpayers.

The attacks on TABOR aren’t new. The property tax “cut” is only the latest gimmicky attempt to unleash the leviathan of big government on hard-working Coloradans.

Special Guest: Nick Stark.

Support Across the States

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166 episodes

Artwork
iconShare
 
Manage episode 371150129 series 2584817
Content provided by American Legislative Exchange Council. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Legislative Exchange Council or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

An upcoming ballot measure in Colorado would allow massive expansion in government spending and weaken the Colorado Taxpayer’s Bill of Rights (TABOR), the nation’s strongest taxpayer protection. At the tail end of Colorado’s legislative session, Governor Jared Polis signed a property tax bill that now requires voter approval. If approved, TABOR would be gutted in exchange for a small short term cut to property taxes. Known as Proposition HH, this proposal tempts voters with the promise of property tax cuts, while its real purpose is to water-down TABOR’s revenue and spending limits.

Ben Murrey, Director of Fiscal Policy at the Independence Institute described the package as a “boondoggle of a property tax plan.” According to The Center Square, it would decrease TABOR refunds by 23%.

TABOR is the gold standard for tax and expenditure limits (TELs). Since its adoption by voters as a state constitutional amendment in 1992, it has helped to restrain the growth of government and returned billions of dollars to Colorado taxpayers.

The attacks on TABOR aren’t new. The property tax “cut” is only the latest gimmicky attempt to unleash the leviathan of big government on hard-working Coloradans.

Special Guest: Nick Stark.

Support Across the States

  continue reading

166 episodes

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