Proposition CC: Effort to end TABOR refunds fails
The Denver Post
Liz Copan / ecopan@summitdaily.com
DENVER — Colorado voters have soundly rejected Proposition CC, dealing a blow to Democratic budget reform efforts and giving the state’s fiscal conservatives a significant victory.
“This is the definition of a team win,” said Michael Fields, executive director of Colorado Rising Action, which led opposition to Proposition CC. “We were up against misleading ballot language and millions of dollars of out-of-state money pouring in against us, but thankfully our Taxpayer’s Bill of Rights is preserved.”
As of midnight Tuesday, there were 574,385 votes in favor of Proposition CC and 716,174 in opposition, an 11-percentage-point difference.
The measure would have let the state keep any tax revenues above the state spending cap — money that the Taxpayer’s Bill of Rights currently guarantees as refunds to taxpayers. Democrats said it wasn’t a tax increase; Republicans argued it effectively was.
Read the full story at denverpost.com/2019/11/05/proposition-cc-tabor-colorado-election-2019
Support Local Journalism
Support Local Journalism
As a Summit Daily News reader, you make our work possible.
Now more than ever, your financial support is critical to help us keep our communities informed about the evolving coronavirus pandemic and the impact it is having on our residents and businesses. Every contribution, no matter the size, will make a difference.
Your donation will be used exclusively to support quality, local journalism.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator
Trusted User