The crushing defeat of Amendment 66 was a seismic event in Colorado politics that will also reverberate nationally. By virtue of its size, audacity, and above all its setting, Amendment 66 was a potential template for those committed to growing government and redistributing wealth. As noted by 66 opponent Kelly Maher of Coloradans for Real Education Reform Colorado, Amendment 66 could answer a question long-posed by liberal political strategists across the country: “How do you sell a massive tax increase?”
This is far from over. For once my constant state of overwork was useful, in that my analysis of last week’s election defeat of Amendment 66 now appears after the euphoria has worn off.
Referendum C set TABOR’s tax baseline at the highest amount collected between 2005 to 2010. Ref C’s big-spending advocates promised that its tax burden would last only five years. But Coloradans still pay $1 billion each year.