Tax-issue backers raise $1.6M in two weeks

Initiative aims to fund public schools; donations now total $3.2M

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COMMENTS

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If passed will the money, by-law, be guaranteed to go to education? Will it be placed into coffers that the head pixie may have access? I vote no.

“Gov. John Hickenlooper said the donations show there is wide support for the measure…”  “...most of which came from people in the state‚Äôs business community ....”  The amount of donations raised in such short time indicates that only wealthy business owners would want yet another income tax increase, amounting, AT LEAST, to nearly $1 billion.  Why don’t these wealthy business owners give their money to schools instead of promoting an income tax increase on working people?  I know of no owners of small businesses who support Amendment 66. 

How many average wage-earners want a state income tax increase of 8%?  How many average wage-earners will want Colorado to rank #3 in highest state income tax levels?  Why should income taxes increase by nearly $1 billion for education while the Colorado’s state education fund has $1.6 billion in reserve? 

Supporters of Amendment 66 have claimed that the first $1 billion would be only the “first bite” (yes, “first bite” is a direct quote) from taxpayers.  Passing Amendment 66 and senate bill 213 will open the door to another $3-4 billion more in tax increases.  Of course, those supporting Amendment 66 will not tell you any of this information.  They don’t want you to know this.  They want you to believe that it’s all about educating children and that it is not just another attempt to take even more of the money we wage earners work to obtain for our families.

Amendment 66 supporters want wage earners to be ignorant of another very possible direct result of its passage:  should taxes from the state be decreased here and retained for large school districts on the Front Range (ex. Denver), local taxes to support District 51 schools may very likely rise. 

How many tax increases must be imposed again, and relentlessly, on average wage earners?  Supporters of Amendment 66 and senate bill 213 don’t care.



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