Last month, Colorado passed Proposition 116, which will lower the current flat state income tax rate of 4.63% to 4.55%. Supporters of the measure said that Coloradans needed relief from the economic fallout of the coronavirus pandemic, but this regressive, shortsighted tax cut will end up doing more harm than good. Amidst an economic recession […]
Proposition 116
Posted inElection 2020, Politics and Government
The 2020 election untied and retied the fiscal knot in Colorado with decisions on Gallagher and taxes
On the same ballot that cemented statewide Democratic power not seen since 1936, Colorado’s voters once again sent their elected leaders mixed messages on taxes and spending. They voted to raise taxes in one measure, and cut them in another. They authorized expansive new social programs, while limiting the state’s ability to afford the programs […]
Posted inElection 2020, Politics and Government
How the 11 statewide ballot measures fared in Colorado. In short, it’s a split verdict.
Colorado voters made decisions on a roster of major policy positions that liberal and conservative interests put on the 2020 ballot. A number of the questions appeared confusing to voters — particularly the fiscal ones — and tens of thousands voted on the top candidates but not the ballot measures, an analysis shows. Here’s a […]
Posted inElection 2020, Politics and Government
Colorado election 2020 results: President, Senate, House and ballot questions
Colorado voters set turnout records in the 2020 election, driven by huge interest in the presidential race, a major U.S. Senate contest, a close battle in the 3rd Congressional District and a series of significant ballot measures. The Colorado Sun is tracking the election results in these top races and updating the counts in real […]
Posted inBusiness, Election 2020, Politics and Government
Proposition 116 explained: Colorado must decide whether an income tax cut is worth a hit to state budget
A measure on the 2020 ballot in Colorado proposes a permanent cut to the state’s income tax rate that would give the average taxpayer a $37 break annually. The limited-government conservatives and Republican lawmakers backing Proposition 116 say the tax relief comes at a crucial moment amid the economic downturn caused by the coronavirus. The […]
Posted inBusiness, Education, Election 2020, Health, Outdoors, Politics and Government
Colorado 2020 election: A quick guide to the ballot questions on abortion, wolves, taxes, sick leave and more
Colorado voters will decide 11 statewide policy questions on the November ballot — a list of far-reaching measures that will help set the direction for the state’s future. The 2020 ballot asks voters whether Colorado should put limits on abortion and create a state program designed to provide paid time off to workers for medical […]
Posted inElection 2020, Opinion, Opinion Columns
Opinion: Prop. 116 would only worsen the severe lack of school funding in Colorado
Over the past six months, the coronavirus pandemic has impacted nearly every aspect of our lives, and at a time when the state budget has been decimated by COVID-19, a Republican-backed measure to shrink Colorado’s tax revenue by more than $400 million over the next three years is flat-out irresponsible. Proposition 116, a ballot measure […]
Posted inElection 2020, Opinion, Opinion Columns
Opinion: Prop. 116 would divert money from schools and health care. Why you should vote no.
A good rule of thumb when you find yourself in a hole is to stop digging. Coloradans are working to overcome many difficulties right now. The worst thing that could happen is approving Proposition 116 (formerly known as Initiative 306), which would take even more money out of our schools and our health care system […]