(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 Kelly Sloan, '76 Contributor) A great deal has been made of the fact that in previous Republican presidential debates, the most conspicuous casualty has been discussion of serious questions of policy and that, by
(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
(Las Vegas) The longtime Las Vegas headliner Liberace famously remarked that “too Much of a good thing is…Wonderful”. He might have been describing this fabled desert playground itself which very simply has no counterpart
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.
Several hundred Coloradans gathered yesterday at the state capitol to remind our government officials that we pay the bills. Sponsored by a coalition of independent but like-minded organizations, including the Independence Institute, the rally vigorously reasserted our role as citizen-leaders. Important points were addressed. Paramount were these messages to our state and federal legislators: Stop irresponsible spending and uphold the values of the citizens you represent. We don’t want Obamacare. We don’t want nannyism. We don’t want economy-crippling taxes and regulation.