Despite having the backing of Colorado’s governor ,the Prop HH property tax relief measure was so complicated and confounding that it didn’t stand a chance with voters.
For such an important measure, Proposition HH sure is tough to figure out, as cartoonist Jim Morrissey illustrates.
The measure increases the chance that the Taxpayer’s Bill of Rights cap won’t be exceeded in a given year, which would block refunds from going out, but it wouldn’t outright halt them permanently
Far from being nearly tax neutral, the measure has a price tag that will weigh heaviest on renters, immigrants, and minorities.
A conservative dark-money group pursuing two 2024 tax reduction measures is suing the state over House Bill 1321, passed by Democrats and signed into law by Gov. Jared Polis in 2021
If the legislature doesn’t act, the TABOR surplus will be returned through checks tied to taxpayers’ income levels, with higher earners getting bigger refunds. Democrats say that system is inequitable.
Two Democrats in the legislature are planning as soon as this week to introduce a bill eliminating future Taxpayer’s Bill of Rights Refunds. Republicans and conservative groups are already opposed.
With a recession on the horizon, flush times at the Capitol are nearing an end. The needs of families, roads and schools will remain.
Enrollment is declining; spending is increasing. Closing schools won’t save enough money to prevent a budget emergency
The Taxpayer’s Bill of Rights has long provoked political tension, and this election year is proving no different, thanks to a larger-than-usual mandatory refund. But once again, politics is getting in the way of healthy policy discussion. So let’s first put in context the politics, and then consider what actually matters. The political games began […]