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Sound off: Vote no on B to keep TABOR
Contributed by: Kathy Tourney on 3/25/2008

Issue "B" would exempt the Ken Caryl Ranch Metropolitan District from compliance with TABOR (Taxpayers' Bill of Rights).

As property values increase, the dollar amount of collected taxes also goes up and with the TABOR exemption; the rate will never go down. Issue B requires a continuous payout by homeowners, even when all "needs" are met, and removes the spending limits of 5.5% per year provided by the Colorado Constitution.

Your increased tax liability if KCRMD Referendum B passes isn't your only tax increase.

Referendum C, passed by voters in 2005, placed a five-year moratorium on TABOR and will net $7 to 10 Billion in increased revenue to the State (more than twice as much as initially projected). Additional tax burdens for citizens include Gov. Ritter's 2007 elimination of the property tax cap, and legislative or administration proposals for increases in car registration fees by as much as $100, increases in state gasoline tax by as much as 13 cents a gallon, increased taxes on energy companies, and mandatory health insurance premiums for every citizen with subsidized coverage for illegal residents. While these proposals wind their way through the legislative process, they are indicative of the reliance on confiscatory tax policy - rather than free market incentives - to fund entitlement programs. The KCRMD mill levy tax increase is in the same category; it creates a permanent and increasing source of revenue for special interest programs, without any protections for accountability to those who are coerced to pay for them.

Kathy Tourney
Ken-Caryl



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