If Proposition CC passes on November’s ballot, gutting the public’s right to consent, Colorado’s economy will suffer. Politicians who support the measure will deserve the blame.
At issue is the Taxpayer’s Bill of Rights, known as TABOR, which keeps the governed in charge of the government. It prevents tax increases without consent of voters. It requires clear and truthful wording of ballot measures that seek tax hikes. Using a formula of population growth and inflation, TABOR requires the government to return surplus revenues that exceed a fluctuating limit.