Two ballot measures to cut property taxes were withdrawn this morning as agreed by conservative organizations backing the initiatives in exchange for a tax deal with Democrats in the special legislative session.
Only hours afterwards did Gov. Polis hold up his end of the bargain and actually sign the legislation into law.
Not that anyone was nervous Polis would cop out …
It’s a huge win for all Coloradans as increased housing taxes would keep rents and mortgages payments high, while business property costs are always paid by consumers.
The consumer champions who led the cause are conservative organizations Advance Colorado and Colorado Concern, led by Michael Fields and Dave Davia, respectively.
The men withdrew both Proposition 108 and 50 that also reduces property assessment rates to avoid catastrophic tax hikes like those caused by Bidenomics.
“Our goal over the past two years has been to solve the state’s property tax crisis through a significant and permanent property tax cut and an enforceable cap to prevent future tax spikes,” Fields said in a statement. “Coloradans across the political spectrum have made it clear that they need substantial and meaningful property tax relief.”
Many Democrats are still gnashing their teeth that Coloradans would want to keep more of the money we earn — especially during this inflationary period — rather than fund more government spending.
Government would do well to cut back on its own ravenous budget spending, much as Coloradans have been forced to do under the Biden/Harris regime.