Thursday, September 8, 2005

Referendum C The Denver Post editorial staff is picking apart Dick Armey's arguments that they published on Monday [September 7, 2005, "Fuzzy math on Referendum C"]. They write, "The Post published Armey's latest anti-tax ruminations on Monday in the belief that even out-of-state lobbyists are entitled to comment on events in Colorado. He offers a tantalizing vision of small government, but a close look reveals that to carry his point, Armey errs on every important fact about our state finances...Today, Colorado's income tax rate is 4.63 percent and its state sales tax is 2.9 percent. If C and D both pass, the income tax will still be 4.63 percent and the sales tax 2.9 percent. How do you increase revenue without raising taxes? The same way they do it in Texas. The economic pie is growing as we recover from the 2001-02 recession." State Colleges around the state have been granted Enterprise Status under TABOR to get them off the general fund books and hopefully keep them in business. Westword looks at the opportunities that are opening up. Category: Denver November 2005 Election 6:41:43 AM    comment []

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