Proposition 121's tax decrease could increase taxes for most Coloradans when the economy is strong

State Ballot Proposition 121 asks Colorado voters if they would like to decrease the state income tax rate. Supporters say the cut will put money into people’s pockets. Opponents say the tax decrease is actually a tax increase for most Coloradans. They are asking voters to weigh in on another measure, Proposition GG which will add a table to all income tax-related ballot measures in an effort to clarify how taxpayers will affect different socioeconomic groups.

Related Keywords

Colorado ,United States ,Steven Byers ,Kristin Myers ,Margaret Thatcher ,Alexis Kenyon ,Stephen Byers ,Elliot Goldbaum ,Colorado Common Sense Institute ,Colorado Fiscal Institute ,State Ballot Proposition ,Taxpayer Bill ,Common Sense ,Common Sense Institute ,Free Lunch ,