Friday, May 6, 2022

Colorado Concern Help Forge a Tax Compromise

Colorado State Capitol
Colorado property taxes are rising rapidly, along with property valuations. Major powers in state government, the governor, both parties and numerous special interests know it could affect the midterm elections. Tax policy changes are inclined toward gridlock. Democrats control the legislature and prefer protecting programs, especially school funding, but the Democratic governor is prone to tax reductions and the interest groups are balanced on taxes between the K-12 education and its allies and the business community representing commercial and residential property owners.

Enter Colorado Concern using a fourth branch of Colorado government – the initiative. The group drafted a ballot initiative to lower property taxes for both residential and commercial owners and got onto the signature phase providing both motivation for action from the other branches and a seat at the table.

The process is working. The Colorado legislature, in a bipartisan fashion, is moving a property tax cut the governor will apparently sign. Gridlock was broken with threat of voter action at the ballot box and a lot of effort in and around the Capitol.

Read The Colorado Sun: Colorado governor, lawmakers unveil plan to slash property taxes by $700M to head off business group’s ballot measure

1 comment:

Michael Alex said...

Changes in tax policy are prone to deadlock. The legislature is controlled by Democrats, who desire to protect programmes, particularly education financing. College Essay Service