The Absolute Last Thing Colorado Needs
While nearly everyone in Colorado is working on how to solve our challenges, the Koch-funded extremists at Americans for Prosperity are actually suggesting we reduce — or completely eradicate — our income tax at a time when General Fund expenditures are at nearly recessionary levels as a share of our economy.
Among their recently released priorities, we find this nugget: “Colorado’s Taxpayer Bill of Rights (TABOR) is a crown jewel of state policy and has been one of the primary reasons the state’s economy is among the strongest in the country, despite lacking other advantages like a right-to-work law or no income tax.”
Wait a minute. Play that back: “Despite lacking other advantages like…no income tax”?
This has to be one of the most irresponsible ideas we’ve ever seen proposed in Colorado, but its one that AFP seems to be recklessly importing here. Just this week, Sens. Grantham and Sonnenberg passed their proposal to reduce state income tax out of committee.
Clearly, AFP isn’t paying much attention to the reality of what’s happening in our economy and the role shrinking public investment is playing in Coloradans’ inability to get ahead.
This post originally appeared on ColoradoPols.com.