Say No to Another
Tax Cut for the Wealthy
Proposition 116 is just another attempt to cut funding to schools, health care, housing, and more so the rich get richer.
Supported by the Koch-funded Americans for Prosperity (the same group that brought you global warming and Donald Trump), this ballot measure does nothing but line the pockets of Colorado’s wealthiest.
If passed, Proposition 116 will take more money out of our communities when they need it most and give yet another tax break to the wealthy.
This November, vote no on Proposition 116.
DEEPER BUDGET CUTS
Colorado already cut $3.3 billion from our budget this year. This 25% total cut has been devastating for hundreds of thousands of Coloradans. Prop 116 would demand another $154 million cut from our budget.
MORE BENEFITS FOR THE WEALTHY…
The majority of Prop 116’s benefits ($90 million) would go to the top 3% of Colorado earners. For example, someone making $1 million will receive $800, while average Colorado taxpayers will only see $37 in tax savings.
… AND FEWER FOR EVERYONE ELSE
How much will Prop 116 cost us? The decrease in revenue is equivalent to sending 18,160 children to school for a year or the cost of the Senior Homestead and Disabled Veteran Property Tax Exemption, a lifeline for more than 250,000 older and disabled Coloradans.
What Coloradans Are Saying About Economic Inequity
“I’m voting no on Proposition 116 because the $40 in tax savings I’ll get will hurt my community more than it will help me. I’m tired of helping the rich get richer.“
“I don’t support Proposition 116 because I know it’s time for the truth: More money will be taken from my neighborhood when we need it the most. I’m voting no.”
“I know about Colorado’s inequities and our communities aren’t going to go out like that. We need to be informed and get involved because our future depends on it.”
“The wealthy don’t have my best interest in mind. We all deserve affordable housing and good health care, great neighborhood schools and accessible transportation.”
“I’m voting no on Prop 116 because our lives are at stake. We have to fight for our kids, our education, our homes… everything. The welfare of our communities is at risk.”
“The wealthy don’t have my best interest in mind. We all deserve affordable housing and good health care, great neighborhood schools and accessible transportation.”