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Tag: Amendment 87

Colorado budget improves 9.5 percent while spending, not revenue, drives the shortfall
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State, Rocky Mountain Voice, Top Stories

Colorado budget improves 9.5 percent while spending, not revenue, drives the shortfall

By Shaina Cole | Contributing Writer, Rocky Mountain Voice State economists brought the Joint Budget Committee a number that sounds like relief. General Fund revenue is projected to grow 9.5 percent this fiscal year. Then came the rest of the September forecast.  The same document that promises 9.5 percent growth also shows Colorado's labor force shrinking at a pace the state's own analysts say normally shows up only in a recession.  It shows the state keeping money it used to send back to taxpayers.  And it shows spending that Legislative Council Staff, the legislature's nonpartisan forecasters, say is the real reason the budget keeps breaking. Read past the headline and the improvement is less about a growing economy than about the state holding onto ...
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Lawsuit Challenges Colorado Graduated Income Tax Measure Over Petition Signatures
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The Denver Gazette, Approved, State

Lawsuit Challenges Colorado Graduated Income Tax Measure Over Petition Signatures

By Marianne Goodland | The Denver Gazette A lawsuit filed Wednesday in Denver District Court seeks to strike the proposed graduated income tax measure from the November ballot. One of Denver’s major law firms filed the lawsuit on behalf of Michael Andre Hancock of Arapahoe County, who challenged the ballot measure during the title board process earlier this year. The defendants are Secretary of State Jena Griswold and Amendment 87 proponents Chris deGruy Kennedy of the Bell Policy Center and Kiyana Newell of New Era Colorado. The lawsuit challenges how Protect Colorado’s Future — the coalition behind the measure — gathered its signatures. It claims the group failed to file training certificates for some of its pa...
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What Amendment 87 Could Mean for Broncos Players and Colorado Employers
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Colorado Politics, Approved, Commentary, State

What Amendment 87 Could Mean for Broncos Players and Colorado Employers

By Jon Caldara | Commentary, Colorado Politics Do you want the Broncos to win the Super Bowl? Then you’d better hope Amendment 87 — which brings back Colorado’s economy-strangling “graduated” income tax — loses at the ballot box this fall. Seriously. Forget Republicans and Democrats. Forget tax policy. This is about Xs and Os — and whether Denver can afford the players who execute them and win a Super Bowl. Every successful business has star employees: rare talents without whom the enterprise simply doesn’t work. Same goes for an NFL franchise. Every business has star employees the whole operation is built around. Sometimes that star is the chief executive. No Henry Ford, no assembly line, no affordable car. No Steve Jobs, no iPhone — foldable or otherwis...
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