Letter: An alternative to TABOR
The Colorado tax policy (TABOR) has been messing up Colorado ever since it was put to action. It has this “tax surplus” that forces the state into giving any tax surplus back to the citizens.
Don’t get me wrong; it’s a good thing people are getting their money back, but you also have to take into account the programs that aren’t being funded when this happens. That is what has happened with the marijuana tax. They have to give that tax surplus to the citizens because of TABOR, instead of giving it to the programs that were cut in the recessions during 2001-08.
Our Glenwood Springs High School FAD project citizen group has come up with a new policy that will get rid of TABOR. It’s called EZ Tax. Our policy won’t force the state to make budget cuts to important programs if there is a tax surplus (like this year’s marijuana tax surplus.) It will get rid of the “Revenue Cap” that TABOR has going on. It will let the state keep the excess revenue and spend it on funding programs such as education, health care, road work, etc. Our policy will allow the government to grow. We would love more support for our tax policy.
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