Tag: Progressive Tax
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EDITORIAL: An easy ‘no’ makes it onto Colorado’s ballot
It’ll be another couple of days before the secretary of state officially certifies the final draft of Colorado’s Nov. 3 ballot. But it’s already a safe bet who will cast the first vote against the ‘progressive’ income tax hike that will be on it. It’ll be Colorado’s progressive Gov. Jared Polis. The Boulder Democrat may have…
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EDITORIAL: ‘Progressive’ tax hike would fleece Colorado
Voters beware: That petition you might have signed the other day for a pending ballot proposal to “lower your taxes” — actually would raise taxes statewide by over $2 billion. Read the fine print. The disingenuous pitch by some petition circulators — technically true in some cases — obscures the massive tax hike. And it…
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Perspective: The truth about the ‘progressive tax’
Colorado’s ballot is set to feature at least a dozen proposals in November, most of them common sense ideas sponsored by citizens. But there is one measure that poses an extreme fiscal threat. It’s run by a special-interest group on the far left that is still trying to collect their final signatures. This measure, Initiative…
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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…
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EDITORIAL: A troubling tax hike is back on track
Even after three strikes, advocates for a “progressive” income tax aren’t out. Their proposal to replace Colorado’s 4.4% flat income-tax rate with an array of tax brackets is once again moving ahead toward next November’s ballot after state officials gave it a green light last week. The initiative had been derailed temporarily several times by…
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EDITORIAL: Another reprieve for Colorado taxpayers
The fast-moving effort to place a $4.1 billion-a-year income-tax hike on next year’s statewide ballot has been stopped in its tracks by the same state body that originally let it move forward. Proponents want voters to replace the state’s 4.4% universal income-tax rate with a graduated tax they call “progressive.” Their proposal would impose an…
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EDITORIAL: Any Coloradans for a multibillion-dollar tax hike?
The third time was the charm last week for efforts to place a $4.1 billion-a-year income-tax hike on next year’s statewide ballot — though all it meant was that its backers got the go-ahead from the state to begin gathering voters’ signatures. Two previous and nearly identical proposals for higher taxes and bigger government had…
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EDITORIAL: Tax hike detoured — for now
Hard-pressed Colorado taxpayers can breathe a bit easier following the derailment last week of an income tax hike proposed for next year’s statewide ballot. The state’s Title Board — the official gatekeeper for ballot proposals — rejected an attempt to ask voters to replace the state’s 4.4% income tax on all Coloradans with a graduated,…