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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.

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"In 2015, the last year state income tax data was available,

the poorest Coloradans spent 19% of their income on state and local taxes and fees, while the wealthiest paid 7%."


"Folks at the top are able to accumulate so much wealth for lots of reasons, but one reason is because their wealth is much more lightly taxed than an average person’s salaries and wages."