Rocky Mountain Voice

Tag: Taxpayer Bill of Rights

Colorado’s budget keeps growing. Florida just cut spending again
Complete Colorado, Approved, Commentary, State

Colorado’s budget keeps growing. Florida just cut spending again

By Nash Herman | Commentary, Complete Colorado While Colorado’s majority Democrats lament the state’s persistent budget challenges, Florida’s Republican majority just celebrated reducing spending for a second consecutive year in another business-as-usual state budget.  Colorado legislators have plenty of lessons they could learn from Florida, instead, they are more likely to double down on more tax and spend, economy-wrecking policies.  How the states compare  Governor Jared Polis recently signed a $46.8 billion state budget, an almost 7 percent increase over last year’s $43.9 billion in spending, this despite legislators’ constant catastrophizing about Colorado’s “budget shortfall.”  That amounts to approximately $7,800 for every Color...
Taxpayers on the Hook When Government Programs Cost More Than Promised
Complete Colorado, Approved, Commentary, State

Taxpayers on the Hook When Government Programs Cost More Than Promised

By: Nash Herman | Commentary, Complete Colorado Colorado’s state budget is structurally unsustainable, which majority Democrats say could be fixed by ending voter consent over new taxation or by increasing taxes on Colorado residents through a progressive income tax.  While those suggestions would certainly increase state revenue, they are unlikely to fix Colorado’s ongoing budget deficits.  Meanwhile, taxpayers often learn too late that programs are vastly exceeding costs; programs like Cover all Coloradans, Healthy School Meals for All, and the wolf reintroduction scheme were all revealed to be more expensive than initially advertised to voters.  Why do programs end up being so much more expensive than advertised?&n...
Critics Warn Democrat Plan Would Eliminate TABOR Refunds For A Decade
Colorado Politics, Approved, State

Critics Warn Democrat Plan Would Eliminate TABOR Refunds For A Decade

By Marianne Goodland | Colorado Politics Colorado voters could decide this fall whether billions of dollars that would otherwise be returned as refunds under the Taxpayer’s Bill of Rights should instead go to public schools under a ballot measure unveiled Thursday by Democrats. Supporters say the proposal would address chronic underfunding in K-12 education, while critics argue it takes money away from taxpayers and amounts to sidestepping the state’s constitutional spending limits. Supporters have insisted that schools are underfunded to the tune of billions of dollars, while one study says revenue and spending by schools have significantly grown in the last few years, with a noticeable shift toward non-instructional spending. Under the proposed ballot measure, the am...
Democrats Push Business Tax Increases To Fill State Budget Gap
State, Approved, CBS Colorado

Democrats Push Business Tax Increases To Fill State Budget Gap

By Shaun Boyd | CBS News Colorado State lawmakers passed four bills raising taxes on Colorado businesses as a special legislative session stretched into a fifth day. Gov. Jared Polis called lawmakers back to work after President Trump's "Big Beautiful Bill" cut taxes, leaving the state without enough revenue to cover expenses. This year's budget is short $750 million. The four bills raise about $330 million a year. Democrats say businesses are taking the biggest hit because they got the biggest breaks in the "Big Beautiful Bill" and Coloradans on food stamps and Medicaid need help more. "Small businesses are the backbone of our society, and so are teachers and nurses," said Democratic state Sen. Faith Winter. Republican state Sen. Lisa Frizell says the tax increases wi...
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...

FD863768-0ACF-495E-9D21-2EF784DFFA6B[1]

Join us at RMV's Freedom Festival

Click Here for Tickets!

This will close in 0 seconds