Democrats sell Colorado tax hike as a tax cut

Washington Examiner

At the behest of teachers unions, Colorado Democrats repealed state protections against rising property taxes in 2020. Now, just three years later, outraged voters are demanding property tax relief.

Using the drop in local tax revenue during the COVID shutdowns as an excuse, Democrats and their teachers union allies in 2020 pushed through a repeal of Colorado’s long-standing property tax protections, more commonly known in the state as the Gallagher Amendment. It is estimated the amendment saved Colorado property owners $35 billion since 1983.

Instead of reinstituting the Gallagher Amendment, which successfully protected property owners for decades, Democrats have placed a slickly worded proposition on the ballot that sounds like a tax cut, but is really a tax hike. Here is what the proposition says:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

dcexaminer /  🏆 6. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bidenomics was a mistakeWashington Examiner
Read more »

Biden Praises Job Growth Data, Criticizes Media CoverageSee multiple perspectives from CNBC, Washington Examiner, and NBC News (Online) at AllSides.com.
Read more »

Mixed Media Coverage on Trump’s EV Comments at Recent Campaign EventSee multiple perspectives from The Guardian, Washington Examiner, and Newsweek at AllSides.com.
Read more »

Who Will Be the Next Speaker of the House?See multiple perspectives from Vox, Reuters, and Washington Examiner at AllSides.com.
Read more »