Rocky Mountain Voice

Menu

Tag: TABOR

Colorado Democrats Push Plan To Redirect TABOR Refunds To State Spending
No Comments
The Denver Gazette, Approved, State

Colorado Democrats Push Plan To Redirect TABOR Refunds To State Spending

By Marianne Goodland | The Denver Gazette A nonpartisan analysis of a proposed ballot measure that seeks to increase public education spending by tapping Taxpayer’s Bill of Rights refunds shows that about 75% of what would otherwise go to Colorado residents wouldn’t actually go to K-12 schools. Instead, those dollars would go into the state’s general fund pot — to be used by lawmakers for whatever purposes they choose. The analysis said that arrangement could start as soon as the 2028-29 fiscal year. What that means, according to the analysis, is that every taxpayer would lose $7,381 in TABOR refunds between the 2026-27 and 2036-37 fiscal years. At its core, TABOR requires a public vote in order to raise taxes. It also limits revenue growth. Notably, it r...
Read More
The Bell Colorado Voters Refuse to Hear
No Comments
Rocky Mountain Voice, Commentary, State, Top Stories

The Bell Colorado Voters Refuse to Hear

By C. J. Garbo | Guest Commentary, Rocky Mountain Voice Colorado is not experiencing a surprise budget crisis, it is experiencing the predictable result of a decade of voter signals. As a recent exile, I can speak with new objectivity. Your legislature responds to incentives. Always. If you reward expansion of government, it expands. If you tolerate fiscal opacity, it deepens. If you ignore constitutional guardrails, elected officials learn they can ignore them too. The current 1.2 billion dollar budget shortfall did not appear overnight. It is the logical outcome of a political training program voters themselves created. Yes. Created. When voters repeatedly elect candidates who promise new programs without demanding sustainable funding, the legislature learns something ...
Read More
Polis Budget Plan Seeks To Keep Your TABOR Refund To Close Colorado Budget Gap
No Comments
The Denver Gazette, Approved, State

Polis Budget Plan Seeks To Keep Your TABOR Refund To Close Colorado Budget Gap

By Marianne Goodland | The Denver Gazette Tucked deep within the hundreds of pages of the proposed $46.8 billion 2026–27 state budget is a line item showing $306.1 million in savings — achieved by canceling TABOR refunds. Gov. Jared Polis has recommended withholding TABOR refunds in both 2026–27 and 2027–28. His budget proposal says the state accidentally overpaid $306.1 million in refunds during the 2025–26 fiscal year. According to the governor’s office, the overpayment stemmed from federal budgetary changes that affected how the state calculated revenue for 2024–25. Those revised calculations led to higher-than-appropriate refunds being issued in 2025–26, according to the Polis administration. The request argued that if the federal budget’s impact on 2024–25 ...
Read More
Colorado Bill Could Undermine TABOR Protections Redirecting Billions Away From Taxpayers
No Comments
Complete Colorado, Approved, Commentary, State

Colorado Bill Could Undermine TABOR Protections Redirecting Billions Away From Taxpayers

By Nash Herman | Commentary, Complete Colorado Senate Bill 135, legislation that could permanently end the refund of overcollected tax dollars, as well as radically raise revenue limits under Colorado’s Taxpayer’s Bill of Rights (TABOR) amendment, just received a new fiscal note predicting an even bigger blank check for the legislature than before.  This follows the updated revenue forecast presented to the Joint Budget Committee (JBC).  Let’s see what changed.  Budget hole gets bigger Legislative analysts predict that this year’s “budget shortfall” will be approximately $1.5 billion, based on the March 2026 Economic and Revenue Forecast.   While that means a haircut to General F...
Read More
Colorado Legislative Malpractice
No Comments
Rocky Mountain Voice, Commentary, State, Top Stories

Colorado Legislative Malpractice

By Michael Hancock | Guest Commentary, Rocky Mountain Voice When Ideology Replaces Stewardship, the Patient Doesn’t Recover — It Declines There is a reason malpractice carries such moral weight in medicine. A physician is entrusted with the care of a patient. When that trust is violated—through negligence, arrogance, or ideological blindness—the consequences are not abstract. They are physical, measurable, and often irreversible. What we are witnessing in Colorado today is a different form of malpractice. Not medical, but legislative. The patient is the state itself—its economy, its infrastructure, its fiscal health, and ultimately, its people. And the pattern is becoming increasingly difficult to ignore: policies enacted not in service of long-term stability, but i...
Read More
Colorado Budget Shortfall Sparks Questions Over Spending Priorities
No Comments
Complete Colorado, Approved, State

Colorado Budget Shortfall Sparks Questions Over Spending Priorities

By Rep. Scott Bottoms | Commentary, Complete Colorado The Colorado House of Representatives recently received the unwelcome news that the state faces a $1.5 billion shortfall as they craft the state’s budget for fiscal year 2026-27. This troubling development comes on top of last year’s $750 million deficit. The shortfalls are odd because overall government spending has increased dramatically: since 2019 (the year Democrats took over the House, Senate, and governor’s office), Colorado’s population has increased by 4.4%, while at the same time, the state’s annual budget has increased by 43.6% (roughly 10 times the rate of population growth). Think about that. Fiscal malpractice In the midst of these fiscal straits, you’d think legislators...
Read More
When “Protecting Seniors” Meets Fiscal Reality: A Self-Inflicted Crisis
No Comments
Rocky Mountain Voice, Commentary, State, Top Stories

When “Protecting Seniors” Meets Fiscal Reality: A Self-Inflicted Crisis

By Rep. Ken DeGraaf | Guest Commentary, Rocky Mountain Voice Any legislator who has opened their inbox lately has seen the urgent appeals: AARP warning that Colorado’s Senior Homestead Property Tax Exemption is under threat. The message is emotionally compelling—and fundamentally correct. Eliminating or weakening the exemption would amount to a tax increase on seniors, many of whom live on fixed incomes after decades of contributing to their communities. But what those emails don’t say is just as important as what they do. Because the current threat to the exemption did not emerge in a vacuum. It is the predictable result of a broader shift in Colorado’s fiscal philosophy—one that AARP itself has helped advance. A Record of Priorities—And Who Gets Left Behind If the curr...
Read More
Colorado Progressives Blame TABOR For $1.5B Budget Gap While Expanding Costly Tax Credits
No Comments
Complete Colorado, Approved, State

Colorado Progressives Blame TABOR For $1.5B Budget Gap While Expanding Costly Tax Credits

By Nash Herman | Commentary, Complete Colorado Karl Marx, co-author of The Communist Manifesto, once wrote “History repeats itself, first as tragedy, then as farce.” We’re watching a version of this play out at the Colorado State Capitol. Like thousands of enlightened technocrats who came before them, Colorado’s progressive legislators believe that they are uniquely endowed to once and for all fix structural flaws in the state’s budget and finally bring “fairness” and “equality” to Colorado.  If they could only eliminate the Taxpayer’s Bill of Rights (TABOR, heavily tax the rich, and preserve their preferred special interest tax breaks, then Colorado would have heaven on Earth.  Really, this farcical display will only serve to destroy Co...
Read More
Senate Bill 135 Raises New Questions About TABOR Limits And Taxpayer Protections
No Comments
Complete Colorado, Approved, Commentary, State

Senate Bill 135 Raises New Questions About TABOR Limits And Taxpayer Protections

By Nash Herman | Commentary, Complete Colorado Claims that Senate Bill 26-135 could permanently eliminate the refund of overcollected revenue under Colorado’s Taxpayer’s Bill of Rights (TABOR) amendment may at first blush sound hyperbolic, but they are not. Let me explain.  Beyond handing progressive legislators a blank check to cover up their own overspending, the new TABOR revenue limit creates a perverse incentive to limit both fiscal transparency and voter consent.  TABOR working just fine  TABOR’s existing formula limits annual growth of a portion of the state budget to a combination of population growth plus inflation.  This formula allows government to reasonably grow and accounts for factors not directly wit...
Read More
Colorado Lawmakers Weigh $500 Million In Cuts As $1.5 Billion Deficit Looms
No Comments
Colorado Politics, Approved, State

Colorado Lawmakers Weigh $500 Million In Cuts As $1.5 Billion Deficit Looms

By: Marianne Goodland | Colorado Politics The legislature’s Joint Budget Committee is working through a list Wednesday of about 150 suggestions to cut as much as $1.5 billion in general fund dollars out of next year’s budget. The largest on the list prepared by JBC staff is $198 million in cuts to the funding for the annual senior and disabled veterans homestead exemption. Funding for the homestead exemption has to come out of general fund dollars in the 2026-27 budget because the state does not have a Taxpayer’s Bill of Rights surplus that would normally cover that cost. The other side of the issue is Gov. Jared Polis’ support for a proposal to allow Pinnacol Assurance to privatize, with the hopes that half of the funds Pinnacol would pay the state as a result ...
Read More