Tuesday, October 11, 2022

Proposition GG - Add Tax Information Table to Petitions and Ballots

Colorado has been seeing citizen initiatives asking voters to reduce Colorado’s individual income tax rate. This year, it’s Prop 121. In 2020 voters approved Prop 116 to reduce the rate from 4.63% to 4.55%. The Blue Book provides tax tables for voters showing the reduction in dollars for an individual and the reduction in income for the state coffers.

Not all voters carefully read the Blue Book. Prop GG wants to make sure that all voters see the tax information at the point when they sign a petition or when they vote.

A tax table would list the average change in taxes owed for eight different income brackets: four brackets up to $200,000 and four above $200,000. Every voter would be able to see the change for all eight brackets.

Recommendation: YES/FOR

As a website to educate people about ballot measures, of course this site supports educating people on the impact of a different tax rate for themselves and for the state.

Website for the Yes side – Coloradans for Ballot Transparency
https://coballottransparency.com/

Website for the No side
No known website – Info on an opponents’ website appreciated.


Approved Ballot Language
Proposition GG (Statutory)

Shall there be a change to the Colorado Revised Statutes requiring that the ballot title and fiscal summary for any ballot initiative that increases or decreases state income tax rates include a table showing the average tax change for tax filers in different income categories?

YES/FOR ____
NO/AGAINST ____

SB22-222 to refer Proposition GG to the voters
https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_222_enr.pdf

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