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Voters face a $56 million question: Should “free lunch for all” come from your refund?
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Independence Institute, Approved, State

Voters face a $56 million question: Should “free lunch for all” come from your refund?

By Nash Herman and Jake Fogleman | Independence Institute Executive Summary In 2022, Proposition FF created Colorado’s Healthy School Meals for All (HSMA) program, offering free school lunches to all students regardless of family income, funded by capping state income tax deductions for households earning over $300,000.  The program’s costs far exceeded expectations in its first year, creating a $56 million shortfall despite earlier warnings that it was likely to be unsustainable.  Proposition LL would let the state permanently retain and spend excess revenue from Prop FF, exempting it from TABOR refund limits going forward.  Proposition MM would institute another income tax hike by further lowering deduction caps, while also diverting some new revenue to fun...
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Progressive tax proposal targets Colorado employers while 3.5% already pay most corporate taxes
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Colorado Accountability Project, Approved, Commentary, State

Progressive tax proposal targets Colorado employers while 3.5% already pay most corporate taxes

By Cory Gaines | Commentary, Colorado Accountability Project The progressive tax scheme and Colorado Business Your 2026 ballot may have a proposal on it to change Colorado’s current flat tax to graduated (aka progressive) income tax rate. That means when you earn more, you pay a higher percentage of tax.The actual ballot proposal is linked first below. I am not aware of it hitting the Secretary of State’s tracker page yet, but I know it’s on the legislature’s and that is what the link is for.This would, quoting the press release pushed by the groups supporting this measure (linked second below), “... lower taxes for 98 percent of Coloradans, while raising taxes on individuals and corporations making more than $500,000 a year.”At a later point, that same press release says the fol...
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