Letter to the editor: Please Vote No on Proposition 116

Posted 9/29/20

 

Thousands Coloradans have lost their jobs, many businesses are struggling and many businesses will not survive the pandemic recession. The state general fund budget has been cut by $3.3 …

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Letter to the editor: Please Vote No on Proposition 116

Posted
 
Thousands Coloradans have lost their jobs, many businesses are struggling and many businesses will not survive the pandemic recession. The state general fund budget has been cut by $3.3 billion and more cuts will likely be needed next year. Before these cuts, we were in violation of our constitution by funding K-12 education by $572 million less than the constitution requires. Demands for state services are also increasing because of the pandemic and recession. This impacts all Coloradans who are not wealthy. It impacts all races, ethnicities, genders and religions. It impacts Coloradans who live in rural areas, suburban areas and urban areas.
Proposition 116 on the Nov. 3 ballot would lower the income tax rate. That’s right, it would reduce state funding to give a tax cut specifically to those who are not hurting, those who still have good paying jobs and those whose businesses are still generating a good income. Already people making less than $15,000 per year pay over 19% of their income in total state and local taxes and those making over $200,000 pay only 7%. This proposal will make this imbalance worse. The reduction in funding will have real life impacts on students, teachers, human service professionals and people who need medical care. It will reduce funding for the infrastructure we all rely on. It will reduce resources to those who need them and further damage our economy.
We can vote this down. Please vote no on Proposition 116.
Bruce Morrison,
Arvada

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