Initiative 22, the $950 million income tax increase, will be on the November ballot, assuming the advocates can gather 86,105 valid signatures, a modest undertaking given the powerful forces supporting the bill.
But, as recounted in a blog on June 11, the initiative faces a difficult political environment. And, the biggest challenge is the diminished turnout in odd-year elections. It was just two years ago when less than a million votes crushed Proposition 103, State Senator Rollie Heath’s half a billion dollars temporary tax for K-12 education.
However, Colorado voters are hardly easy targets for state tax increases, and this income tax hike is major.
It remains to see what the general mood is toward the initiative, but there is a mini revolt brewing among some voters upset with the Democrat’s aggressive legislative agenda.