The stunning defeat of Proposition CC should send a clear message to the proponents of ballot issues attempting to increase state revenue – What part of “no” don’t you understand?
In a column in the Sunday Denver Post (11-10-19), I describe the recent history of tax and revenue initiatives and the factors related to the latest loss. The following reviews some of the ideas expressed.
The 2019 Proposition CC, a TABOR override, would have added unspecified amounts to the state coffers, but some estimates said as much as $650 million the next two years. It was the fifth attempt by mostly the same group of advocates – the education establishment and its support groups, a group of donor philanthropists, and business associations that want new tax resources for roads. They have all failed, some of them dramatically, such as the 2013 $1 billion income tax increase that lost two-to-one after proponents spent $10 million in a mostly one-sided campaign.
Just last year, two initiatives were defeated to raise taxes for more education funding and for education and roads.
As I said in the Denver Post, before proponents mount up for another run, “They should consider an argument they may hear frequently next year: What part of ‘no’ don’t you understand?”