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Letter to the editor: Amendment B will indeed raise taxes

Posted 9/29/20

Shouldn’t voters be asking: ‘If Amendment B (aka repealing the Gallager Amendment) wasn’t going to impact them by raising tax revenues, why is it even on November’s …

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Letter to the editor: Amendment B will indeed raise taxes

Posted Tuesday, September 29, 2020 5:03 pm

Shouldn’t voters be asking: ‘If Amendment B (aka repealing the Gallager Amendment) wasn’t going to impact them by raising tax revenues, why is it even on November’s ballot?’

How can Amendment B purportedly claim ‘not to raise taxes’, but is reported by State Analysts to net at least $203.7 Million per year in Property Tax receipts for various governments across Colorado?

As property taxes in 2019 raised $5 Billion, wouldn’t that revenue bonanza require a backdoor 6% average Property Tax increase, statewide, for the first two years alone, and, perhaps more, biennially thereafter?

Could it be that the Amendment’s sponsors were hoping that voters would not notice that they surreptitiously substituted ‘will not raise tax-rates’ for the expected ‘will not raise taxes’ in the Amendment’s title?

Shouldn’t voters be made aware that, with the removal of Gallager’s protective caps for homeownership taxes, increases in appraised home values will result in automatic tax increases?

Shouldn’t all voters hold onto their wallets and say NO to Amendment B?

Russell W Haas,

Golden

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