The Truth about TABOR in Colorado
CBPP slams Colorado's TABOR. The Independence Institute sets CBPP straight on its facts.
(Microsoft Word link)
TABOR does not say that government can never raise taxes. TABOR does not fix government revenues, but it does protect citizens' incomes from careless appropriation by government. It does this by shifting power to the people who pay the taxes. Before TABOR, those who wanted a tax increase to fund a pet project had only had to ask the legislature to pass a tax increase. Since tax increases give legislators more money to distribute and insulates them from the difficulties of cost cutting, raising taxes tends to be more popular with legislators than with the average taxpayer. TABOR simply requires that tax increase proponents seek approval from those who pay taxes rather than those who spend them.
[Link]
