Colorado Amendment 59: TABOR’s Deathblow
If Colorado’s budget were entering a death match like the classic video game Mortal Kombat, it would go a little something like this: Round 1 begins with Ref C and D squaring off against TABOR. TABOR sustains multiple blows from Ref D, but emerges victorious, but just barely. However, at that instant, Ref C comes flying in with a Chuck Norris style roundhouse kick that puts TABOR on the ground and bleeding badly. Round 2 begins with TABOR hurt and barely hanging onto life. TABOR cringes in pain and cries out for help. One person hears the plea and walks over. TABOR is relieved at first, but soon realizes that the man coming forward is none other than its biggest adversary: Andrew Romanoff! Not only that, Andrew is carrying the device that will end TABOR’s life… for good. With its one good eye, TABOR strains to see what’s in Andrew’s hand that will deliver the deathblow. It’s none other than Amendment 59: the education lobby’s blank check that will gut TABOR for good.
Barry Poulson’s new Issue Backgrounder discusses Amendment 59’s adverse effects on Colorado taxpayers – albeit in a less dramatic fashion that I did above. Barry shows that under the guise of helping kids and the education system, 59 will siphon all budget surpluses – money that would have gone back to taxpayers – to the State Education Fund. This will eliminate potential tax refunds indefinitely. Thereby finishing what Ref C started: the death of TABOR.
[...] morning at 10am, which will feature Barry Poulson sparring with Cary Kennedy on Amendment 59, TABOR’s deathblow. Internet streaming is available for those younger types who lack your standard issue [...]
22 Oct 2008 at 4:41 pm