Prop CC: a permanent tax increase, no accountability - Vote No

But the language of Prop CC is misleading and does not clearly state this intention:

“Without raising taxes and to better fund public schools, higher education, and roads, bridges, and transit, within a balanced budget, may the state keep and spend all the revenue it annually collects after June 30, 2019, but is not currently allowed to keep and spend under Colorado law, with an annual audit to show how the retained revenues are spent?”

Politicians, today, can raise taxes, but with TABOR, they have to ask us first. If government revenues increase at a rate faster than population growth plus inflation, the excess must be returned to taxpayers. This would end if Prop CC passes.

Losing TABOR would cost Colorado taxpayers billions of dollars in perpetuity. It would forfeit all our future TABOR refunds, and forfeit your future consent to tax increases.

We can learn quite a bit from the past. Ref C, passed in 2004, allowed for a five-year time-out from TABOR spending limits. The revenue was to be used, among other things, for education, transportation and health care. But no one knows how the money from Ref C was spent. Prop CC is asking for a forever time-out.

Colorado’s economy is currently ranked No.1 largely because of TABOR, which creates a stable tax environment that attracts business and provides tax refunds to Coloradans. Do we want to lose this excellent status and allow the Colorado economy to become more like California or Illinois?

If you want to keep your hard-earned money, your right to refunds, and your future consent to tax increases - Vote NO on Proposition CC.