NNINCREASE TABOR CAP FOR K-12 EDUCATION MEASURE
should we allow the state to keep additional tax revenue (roughly $4.6 Billion) and direct those funds to K-12 education?
This would raise the TABOR cap and allowing the government to keep more of your money. Supposedly this money would be spent on education programs, teacher pay and preparing students for the workforce. In the first 10 years, most of the money goes to education. BUT…this is a PERMANENT AND MAJOR increase in the TABOR limit as well as a change to the TABOR formula. After 10 years, only 1/5th of the money is required to go to education…the rest will serve as blank checks to the government.
**Note1: for those of you paying attention….didn’t we just vote on this??? Yes. We did. See 2025 ballot propositions LL and MM. More spending has NOT led to better outcomes but…“do it for the kids!” seems to be an effective battle cry.
**Note 2: Denver is at an all-time low for public school student enrollment. So why do we need more money for less students? Not to mention the most recent statistics for math and English proficiency rates….
**Note 3: LONG TERM STRATEGY:…..if it wasn’t a tax they wouldn’t be asking you…..
- YES = raise taxes; increase the TABOR cap and increase the amount of money the state of CO is allowed to keep from you!
- NO = do NOT raise taxes; do NOT increase the TABOR cap and require the state of CO to return refunds that rightfully belong to you!