Tag: Initiative 195
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EDITORIAL: A fail-safe against a crippling tax hike
If a “progressive,” $2 billion-plus tax hike makes it onto Colorado’s statewide ballot this fall, voters will have a surefire way to neutralize it — a competing ballot proposal capping the state income tax. Last week, as The Gazette reported, the Secretary of State’s Office confirmed Initiative 232 for the Nov. 3 ballot. Advocacy group…
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EDITORIAL: The high cost of a ‘progressive’ tax hike
No sooner had we urged support the other day for Initiative 232 — which safeguards and caps Colorado’s simple, flat income tax — than a new analysis by the Common Sense Institute made another strong case this week for the ballot proposal. If its supporters gather enough voters’ signatures to qualify for next fall’s statewide…