Do you want our Colorado kids to be able to find and create jobs when they graduate? Do you want our kids to fulfill their own “American Dream” and reach their fullest potential?
Then vote NO on Colorado Proposition 103.
A NO vote is a VOTE FOR the KIDS, our STATE, and our FUTURE.
Colorado Proposition 103 is the only state issue on the ballot this November 1st, and according to the 2011 State Ballot Information Booklet, it proposes amending the Colorado statutes to:
- Increase the state income tax rate from 4.63% to 5.0% for 5 years, starting 1/1/12.
- Increase the state sales and use tax rate from 2.9% to 3.0% for 5 years, starting 1/1/12.
- Require the state legislature to spend the money on public education by increasing funding above the amount in budget year 2011/12.
What’s that mean in real dollars?
- We pay additional state taxes of $515 million in its first year – out of our wallets.
- We pay additional state taxes of $2.9 billion in its 1st 5 years – again, out of our wallets.
Who actually pays these taxes?
- Raise the income tax rate on individuals, families, small business – that would be all of us.
- Raise state sales tax rate – we’ll feel it every time we shop.
But it’s for public education… isn’t that good for our kids?
That’s a huge draw on Coloradans’ already tight wallets.
In times like these, what’s really best for Colorado’s kids?
$2.9 billion is a lot of cash. Proposition 103 is a fat double-whammy of a tax on Coloradans who are already hurting from historically high unemployment.
Squeezing every Coloradan’s already-tight wallet with this huge tax when jobs are scarce now virtually guarantees fewer jobs and opportunities for Colorado’s graduating kids, both now and in the future.
Want to vote for the future of Colorado’s kids? Vote NO on Prop 103.