Cato Institute gives Hick an “F”

Posted by on Oct 02 2014 | debt, Economic LIberties, Economics, Economy, TABOR, Taxes

Our friends over at the Cato Institute just came out with their Fiscal Policy Report Card on America’s Governors (2014). You’ll never guess where our governor lands in their ranking. Would you believe it if I told you Hick is 2nd?! Yes, Governor Hickenlooper – Mr. I haven’t met a tax or debt increase I haven’t liked – earned 2nd.

SECOND FROM DEAD LAST THAT IS. Only California Governor Jerry Brown was ranked lower than Hick.

Don’t believe me? Here’s a picture (click to enlarge):

Screen Shot 2014-10-02 at 3.39.26 PM

Each state get its own little paragraph. Here’s the commentary for Colorado, ranked 49th out of 50:

General fund spending has ballooned over the past three years under Governor Hickenlooper, from $7.2 billion in 2012 to a proposed $9.2 billion in 2015. The governor’s proposed spending increases have averaged 6 percent over the past three years. His most recent budget included a 15 percent spending boost for higher education and new spending on corporate welfare programs. State government employment is way up under Hickenlooper, rising 16 percent since he came to office. He pushed for a huge personal income tax increase on the ballot in 2013 to fund education, which would have raised more than $900 million annually. If passed, Amendment 66 would have replaced Colorado’s flat income tax of 4.63 percent with a two-rate structure of 5.0 and 5.9 percent. Luckily for Colorado taxpayers, this increase was soundly rejected by voters, 65 to 35 percent.

Read the whole thing here.

no comments for now

Trackback URI | Comments RSS

Leave a Reply

Clicky Web Analytics