(By Evan Verbal, ’76 Scholar) “The problem is not that people are taxed too little, the problem is that Government spends too much." -Ronald Reagan As Coloradans, we love our state and we want our
(By John Andrews, Centennial Fellow) What’s a state? For starters, an expanse of territory, a resident population, and a sovereign government. But there’s a lot more, when you think about it
(By Douglas Bruce, ’76 Contributor) Tradition accepts June 15, 1215 as the start of limited government in Anglo-American law. Magna Carta (“great charter’) was signed under duress by King John. John was the brother and successor to Richard the Lion Heart, whose loyal subjects included that tax rebel, Robin Hood.
Absent changes to the Colorado Public Employees’ Retirement Association, PERA, or Colorado’s Taxpayer Bill of Rights, TABOR, Colorado’s public employee retiree population will be on a collision course with the Colorado taxpayer population in the
Colorado’s economy has shown remarkable resiliency in the wake of the Great Recession. Unemployment has steadily fallen from a high of 9.6% in 2010 to an estimated 4.1% in November 2014. Income indicators roared past pre-recession levels and now both wages and salary and per capita income are significantly higher. In the past five years, taxes and fees paid by Coloradans to their state government have grown by 43% from $8.5 billion to an estimated $12.3 billion in the current year. And next year, state revenue could surpass the state’s spending limit for the first time in 15 years, triggering a modest rebate to taxpayers of $116 million or 0.4% of next year’s state budget. But those in the Government Always Needs More Money Choir just can’t stand this prosperity. They are howling that that this modest refund – and perhaps future refunds, if the economy continues to grow – are somehow strangling our state government.
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.
(Centennial Fellow) Four years ago, Colorado voters decided to trust Democrats with complete control of state government – the governor’s mansion and large majorities in the legislature. As voters consider their choices for 2010, they might be surprised by how little governing Democrats have trusted voters in those four years.
(Denver Post, May 2) “Son, you have become a man. Mom and I are so proud of your maturity. In turning 21 today and taking a bride tomorrow, you reach the age of emancipation. This is literally your time of being set free, entering upon self-determined adulthood. What a milestone. “Because we care for you and your wife and children, we’ll stay involved as parents in a few small ways. We will provide a house for you, and cars as needed. We will supply you energy for all those. Of course we’ll always cover the medical bills for you and the kids. Costs of school and college will be on us as well. Plus an income floor. Pay a share of these things if you can, but don’t strain yourself. It’s our tribute to your independence.”
(Centennial Fellow) After imposing more than $1 billion a year in tax and fee increases – without once seeking voter approval – liberal Democrats in the Colorado legislature now want voters to permit them to raise taxes without limitation and without ever asking voters again. Can you say, “Oblivious to irony”?