TAX POLICY

"It would be thought a hard government that should tax its people one tenth part." - Benjamin Franklin, Founding Father "The power to tax involves the power to destroy." - John Marshall, Chief Justice "It is a paradoxical truth that tax rates are too high today, and tax revenues are too low, and the soundest way to raise revenues in the long run is to cut rates now." - John F. Kennedy, President "The only way to kill capitalism is taxes, taxes, and more taxes." - Karl Marx, Communist "The collection of any taxes which are not absolutely required, which do not beyond reasonable doubt contribute to the public welfare, is only a species of legalized larceny." - Inaugural address, President Calvin Coolidge

TAXPAYER ALERT!

State politicians are really going for the gold this year...your gold! In Amendments 51, 58, and 59, we have the THREE LARGEST TAX HIKES IN STATE HISTORY, all on one ballot! You should oppose all three, and volunteer to distribute our campaign flier against them. Learn the main arguments against each by reading the Campaign Flier (click here). Then volunteer (click here). Two of the three are straightforward, though enormous, grabs for your wallet. But AMENDMENT 59 is more devious and dishonest (see below). ALL THREE ARE VERY BAD IDEAS IN THE FACE OF OUR ECONOMIC RECESSION. HIGHER TAXES WILL CAUSE THE COLORADO ECONOMY TO SLIDE FURTHER AND FASTER. THIS IS A BAD TIME TO BURDEN OUR ECONOMIC FUTURE WITH MORE TAXES AND BIGGER GOVERNMENT. HIGHER TAXES WILL KILL JOBS. SENIORS AND LOW-INCOME PEOPLE ARE HIT HARDEST BY SALES TAX HIKES (#51). RAISING ENERGY TAXES WILL RAISE GASOLINE PRICES EVER MORE (#58). GIVING UP YOUR TAX REFUNDS FOREVER (#59) IS THE BIGGEST MISTAKE. IT WiLL COST FAMILIES OVER ONE BILLION DOLLARS EVERY YEAR. #59 IS PUT IN THE CONSTITUTION, SO IF REFERENDUM "O" PASSES, WE WILL NOT BE ABLE TO PETITION TO EVER UNDO THIS MISTAKE OF PUTTING BUDGETARY SPENDING DETAILS IN THE CONSTITUTION, OR OF WIPING OUT FOREVER ANY LIMITS ON STATE SPENDING. #59 WILL ALSO SIPHON OFF MONEY NOW USED FOR CAPITAL CONSTRUCTION (BUILDINGS) AND TRANSPORTATION (ROAD) PROJECTS, TO PUT IN THIS SLUSH FUND. WE AREN'T SPENDING ENOUGH NOW ON INFRASTRUCTURE BECAUSE THE STATE ONLY SPENDS ON IT MONEY THAT EXCEEDS THE 6% GROWTH IN THE GENERAL FUND. #59 WOULD TAKE EVEN THAT AWAY AND GIVE IT FOR PAY RAISES FOR SCHOOL ADMINISTRATORS AND OTHER PERSONNEL. POLITICIANS WILL LACK THE COURAGE TO CUT THOSE SALARIES IN HARD TIMES, SO THE REST OF THE BUDGET WILL SUFFER. WHEN GOVERNMENT GROWS TOO FAST IN GOOD TIMES, IT IS MORE PAINFUL TO HOLD THE LINE DURING HARD TIMES, SUCH AS WE ARE FACING NOW. THAT'S WHY WE NEED FISCAL LIMITS--TO PREVENT THAT ROLLER COASTER EFFECT ON THE BUDGET. TABOR OFFERS SLOWER AND STEADIER GROWTH IN GOVERNMENT; THAT'S A GOOD THING.TO SAVE TABOR, VOTE AGAINST #59. Read about Amendment 51 here. Read about Amendment 58 here. Read about Amendment 59 here.

(TO BE CONTINUED)