Fiscal Analysts: Total Price Tag of Dems’ Dirty Dozen Tax Hikes = $337 Million+
Posted on January 26th, 2010 in clean government, Colorado Politics, Fiscal Policy, General, liberty, PPC | Written by Ben | No Comments »
The dirty dozen tax hike bills scheduled to be rammed through Colorado’s Senate Finance Committee tomorrow? Legislative analysts released fiscal notes for 11 of the 12 bills this afternoon — they estimate a total net tax increase of $20.4 million for the rest of the current fiscal year (through June 30, 2010), and a total net tax increase of more than $337 million between now and the end of FY 2011-12.
While that wouldn’t solve all the legislators’ budget problems, passing the package of bills would shift a good share of the hard decision-making from the State Capitol to many a business and household in Colorado. And don’t even ask how it might lead to creating stable, private-sector jobs….
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