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Home»World»What is Colorado Proposition GG: Adding tax info tables to petitions, ballots?
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What is Colorado Proposition GG: Adding tax info tables to petitions, ballots?

October 14, 2022No Comments2 Mins Read
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Colorado’s Proposition GG on the statewide November poll would require {that a} tax data desk seem on petitions and ballots for every citizen-initiated measure that will change the person revenue tax price. This measure wouldn’t change tax charges in any respect. As an alternative, it could require {that a} tax desk be supplied with measures that search to alter the charges. That desk can be required to indicate the typical change in taxes owed for taxpayers in eight completely different revenue brackets. The desk would even be required to indicate the typical revenue tax owed for every bracket if the citizen-initiated measure have been to move.

At present, that tax data is supplied with the statewide poll data booklet however not the ballots themselves.

The case for: Proposition GG would assist voters perceive how revenue tax price adjustments would have an effect on the amount of cash they’d owe. The measure would assist voters see that data proper as they’re about to vote for or in opposition to a tax price change.

The case in opposition to: The proposition may additional complicate statewide ballots and improve the price of their manufacturing and distribution. It will additionally present data that’s already out there forward of election day within the statewide poll data booklet and lengthen ballots.

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Poll query: “Shall there be a change to the Colorado Revised Statutes requiring that the poll title and financial abstract for any poll initiative that will increase or decreases state revenue tax charges embody a desk displaying the typical tax change for tax filers in numerous revenue classes?”

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