Permanent Income Tax Increase being proposed – Colorado’s State wide Initiative 22

by    the Tax Watch Dog

They want you to vote to PERMANENTLY hand over more of your Hard Earned Money.

What Eagle County’s would be ‘Tax Raisers (that’s -EFEC) want you to do – is vote for ( Nov. 2013) this permanent Income Tax increase known in Colorado as – Initiative 22 and it’s a Colorado statewide effort to raise your income taxes.

What you need to know is…that Colorado’s Teachers Unions are (currently) bankrolling this tax increase effort.

Teachers-Union-28JUL2013

Their Bottom Line:   

Colorado’s current income tax rate is a flat 4.63 percent. The proposed ballot measure, announced last month, would set taxes at 5 percent for income up to $75,000 a year. For those earning more, any income earned after the first $75,000 would be taxed at 5.9 percent, giving Colorado a progressive tax rate for the first time in more than 25 years.

A person with an annual income of $45,000 would pay an additional $166.50 a year. Someone who earns $100,000 a year would contribute an extra $595 annually.

The change would raise nearly a billion a year to fund things like statewide full-day kindergarten, enhanced services for special-needs students and intensive interventions for pupils who can’t read by third grade.  (Click Here)

The Real Eagle County Issue:   What’s being proposed is that the State of Colorado “gets your money” and then redistributes back…Back to who?  How?  How much of YOUR money taken out of Eagle County, Colorado – comes back to our local Public Schools?  ECT folks are still trying to determine how this is suppose to work…

The EagleCountyTimes.Com folks – have a much better idea for our Eagle County based Public Schools!

Here’s how it works – if you feel strongly about local public school education – cut out Colorado’s bloated State bureaucracy and write your check out for the proposed annual $166.50/year increase and U.S. Mail it to:

Eagle County Public Schools

c/o Mr. Phil Onofrio – Chief Financial Officer

747 East Third Street

Eagle, Colorado  81631

This way – you can be assured that every penny of your money goes directly to our local Public School system to help our local kids!

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2 responses

  1. What a great idea. It makes a lot more sense then sending the money to the state! I don’t mind giving money to our schools.

  2. Pingback: They Want to Take Away – your Rights « News from Eagle County, Colorado

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