Rocky Mountain Voice

Tag: Independence Institute

Colorado Democrats push ‘progressive tax’ while low-income families already carry heavier burden
Colorado Accountability Project, Approved, Commentary, State

Colorado Democrats push ‘progressive tax’ while low-income families already carry heavier burden

By Cory Gaines | Commentary, Colorado Accountability Project Progressive tax myths vs. reality. There's been a lot of noise about a bunch of progressive groups pushing a ballot measure to change our income tax structure from a flat tax (where all income brackets pay the same percentage) to a progressive one (where you pay more income tax as a percent and in absolute terms if you earn more).If you want an example article and some context, see the Sun article linked first below.I wanted to offer you a couple resources from a fiscally conservative (and frankly reality-based) perspective to counter what will likely be a blitz on the topic in the media and elsewhere. A couple resources to help you better advocate against this wrongheaded policy.There are two Complete Colorado op eds l...
TABOR Undermined as Almost Half of Colorado Budget Now Exempt
State, Approved, coloradopolitics.com

TABOR Undermined as Almost Half of Colorado Budget Now Exempt

By Hannah Metzger | Colorado Politics State spending that is exempt from Colorado's Taxpayer's Bill of Rights has increased by nearly 30% over the past 30 years, according to a report by the public policy think tank Common Sense Institute.  While TABOR places a limit on how much revenue the state can retain each fiscal year, certain sources — such as voter-approved changes, federal funds, and state enterprises — are exempt. According to the Bell Policy Center, enterprise funds are state-owned "businesses" that provide goods or services in exchange for revenue. Examples include the state lottery and the Colorado Healthcare Affordability and Sustainability Enterprise (CHASE). According to the Common Sense Institute report, 46% of total state spending — ab...