Quote:
Originally Posted by wong21fr
Which means that it wasn't a statewide tax increase. Once again, Colorado has not raised taxes statewide since TABOR passed and no one has yet found a convincing way to convince the masses to approve a statewide tax increase- especially an open-ended one.
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Quote:
Originally Posted by TakeFive
Point of Clarification: T-REX was a vote to approve a property tax increase to pay back the bonds which I hadn't remembered even though I voted for the dang thing.
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No, it wasn't, that is completely incorrect. I think you might have pulled that from wikipedia, which is also incorrect.
There were two votes in 1999.
The first was RTD's, which was bonding authorization and extending a TABOR override that allowed it to keep excess revenues. No increase in taxes. (And by the way, RTD doesn't even have a property tax.)
The other measure was a statewide vote - the TRANS Bonds initiative. Was a pure bonding authorization for 24 projects statewide. Also no tax increase - it was bonding of existing state transportation revenues (gas tax). (Not unlike the proposal from Republicans in the legislature in this last session - their proposal was based entirely off of the 1999 initiative. The difference was that money is tighter now than it was in 1999. So the likely impact on CDOT revenues available for maintenance was much worse, which is why CDOT opposed it.)
Folks in Colorado have short memories, jeez, 1999 wasn't THAT long ago. That was also about the time I started working for RTD, though, so I might have been paying closer attention than most.
Folks will remember, that was also Bill Owens first year in office, and he won big getting that measure approved statewide. Governor Romer had tried the year before and got trounced. (The 1998 measure was my first ever election, if I recall.
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