The Colorado Springs Gazette’s editorial page editor Wayne Laugesen rips into the Proposition 103 sales and income tax increase ballot initiative, citing the Independence Institute’s recent study on the impact of Prop 103 on jobs and the Colorado economy.
A vote for Prop 103 is a vote to make Colorado’s economy even weaker. It is a vote to worsen the state budget, which relies on a strong economy to fund government education, transportation and other important needs. Imposing new costs on a struggling economy is no different than imposing new costs on a household that’s struggling to get by on fixed or dwindling income. It just will not work.
Read the whole thing here.