Colorado Governor wants Billion dollars in new Taxes

[Nova78]

Hick, Rosen Spar Over Tax Hike | The Colorado Observer

Popular columnist and talk radio host Mike Rosen gave a “thumbs down” to Gov. John Hickenlooper’s $1 billion state income tax designed to increase state spending on education. Rosen joined the opposition in declaring there is no reform – just more taxation.

Rosen voiced his opposition to the tax hike because it will increase mandated funding for public schools from 40 percent to 43 percent of the state budget. He objected to mandates that would further impede the legislature’s ability to prioritize the state’s budget to fund projects such as transportation infrastructure.

Initiative 22 proposes a two-tier income tax rate that would eliminate the state’s flat tax of 4.63 percent. The tax rate would increase from 4.63 percent to 5 percent on income of $75,000 or less; and climb from 4.63 percent to 5.9 percent for income over $75,000.

Hickenlooper claimed it’s a minimal tax increase of 1.3 percent, but Rosen did the math and declared it would be a 27.4 percent increase on all income over $75,000.As an example, Rosen said, it would add roughly $200,000 on top of $600,000 in state income taxes paid by someone like Rockies First Baseman Todd Helton, who reportedly earned $17.8 million in 2010.

“That’s a steep increase. There’s no question,” conceded Hickenlooper.

We have an idiot for a Governor in Colorado, suck the taxpayers dry, no wonder long time residents of Colorado are moving out and freeloaders are moving in. Hickenlooper could be Obama's twin.

 

[hazlnut]

Conservatives hate the idea of people getting better educated and thinking for themselves.

 

[martybegan]

Conservatives hate the idea of people getting better educated and thinking for themselves.

Typical liberal douche, equating throwing (other people's) money at a problem as solving the problem.

 

[healthmyths]

Highest Federal Tax revenue in history came in 2007 AFTER Bush tax cuts!

• 2000 $2,025,191
• 2001 $1,991,082
• 2002 $1,853,136
• 2003 $1,782,314
• 2004 $1,880,114
• 2005 $2,153,611
• 2006 $2,406,869
• 2007 $2,567,985
• 2008 $2,523,991
• 2009 $2,104,989
• 2010 $2,162,706
• 2011 $2,303,466
• 2012 $2,450,164
• 2013 $2,712,045 ESTIMATED!!!
• 2014 $3,033,618
• 2015 $3,331,685
• 2016 $3,561,451
• 2017 $3,760,542
• 2018 $3,973,974

Historical Federal Receipt and Outlay Summary

 

[billyerock1991]

Hick, Rosen Spar Over Tax Hike | The Colorado Observer

Popular columnist and talk radio host Mike Rosen gave a “thumbs down” to Gov. John Hickenlooper’s $1 billion state income tax designed to increase state spending on education. Rosen joined the opposition in declaring there is no reform – just more taxation.

Rosen voiced his opposition to the tax hike because it will increase mandated funding for public schools from 40 percent to 43 percent of the state budget. He objected to mandates that would further impede the legislature’s ability to prioritize the state’s budget to fund projects such as transportation infrastructure.

Initiative 22 proposes a two-tier income tax rate that would eliminate the state’s flat tax of 4.63 percent. The tax rate would increase from 4.63 percent to 5 percent on income of $75,000 or less; and climb from 4.63 percent to 5.9 percent for income over $75,000.

Hickenlooper claimed it’s a minimal tax increase of 1.3 percent, but Rosen did the math and declared it would be a 27.4 percent increase on all income over $75,000.As an example, Rosen said, it would add roughly $200,000 on top of $600,000 in state income taxes paid by someone like Rockies First Baseman Todd Helton, who reportedly earned $17.8 million in 2010.

“That’s a steep increase. There’s no question,” conceded Hickenlooper.

We have an idiot for a Governor in Colorado, suck the taxpayers dry, no wonder long time residents of Colorado are moving out and freeloaders are moving in. Hickenlooper could be Obama's twin.

Mike rosen Really???? might as well be listening to Rush Limpballs ... we have a education problem in Colorado and cutting teacher and closing school isn't the way ... mike Rosen is a idiot ... he has always been a idiot .... nor is his Idea of opening more charter schools a great Idea ... it won't work and 3 cents isn't going to kill us ...

 

[DiamondDave]

Conservatives hate the idea of people getting better educated and thinking for themselves.

Typical liberal douche, equating throwing (other people's) money at a problem as solving the problem.

Precisely... if throwing money at the problem was the way to solve it.. our governments would have already solved poverty, hunger, education, and everything else it overspends on

 

[Stephanie]

Hick, Rosen Spar Over Tax Hike | The Colorado Observer

Popular columnist and talk radio host Mike Rosen gave a “thumbs down” to Gov. John Hickenlooper’s $1 billion state income tax designed to increase state spending on education. Rosen joined the opposition in declaring there is no reform – just more taxation.

Rosen voiced his opposition to the tax hike because it will increase mandated funding for public schools from 40 percent to 43 percent of the state budget. He objected to mandates that would further impede the legislature’s ability to prioritize the state’s budget to fund projects such as transportation infrastructure.

Initiative 22 proposes a two-tier income tax rate that would eliminate the state’s flat tax of 4.63 percent. The tax rate would increase from 4.63 percent to 5 percent on income of $75,000 or less; and climb from 4.63 percent to 5.9 percent for income over $75,000.

Hickenlooper claimed it’s a minimal tax increase of 1.3 percent, but Rosen did the math and declared it would be a 27.4 percent increase on all income over $75,000.As an example, Rosen said, it would add roughly $200,000 on top of $600,000 in state income taxes paid by someone like Rockies First Baseman Todd Helton, who reportedly earned $17.8 million in 2010.

“That’s a steep increase. There’s no question,” conceded Hickenlooper.

We have an idiot for a Governor in Colorado, suck the taxpayers dry, no wonder long time residents of Colorado are moving out and freeloaders are moving in. Hickenlooper could be Obama's twin.

Mike rosen Really???? might as well be listening to Rush Limpballs ... we have a education problem in Colorado and cutting teacher and closing school isn't the way ... mike Rosen is a idiot ... he has always been a idiot .... nor is his Idea of opening more charter schools a great Idea ... it won't work and 3 cents isn't going to kill us ...

well if you have a problem then you and friends send Hinkleloopydoopy all your weekly paychecks, I'm sure losing that won't KILL YOU AND you friends
how dare you speak for others when the government is calling for stealing MORE OF their money

 

[editec]

Hick, Rosen Spar Over Tax Hike | The Colorado Observer

Popular columnist and talk radio host Mike Rosen gave a “thumbs down” to Gov. John Hickenlooper’s $1 billion state income tax designed to increase state spending on education. Rosen joined the opposition in declaring there is no reform – just more taxation.

Rosen voiced his opposition to the tax hike because it will increase mandated funding for public schools from 40 percent to 43 percent of the state budget. He objected to mandates that would further impede the legislature’s ability to prioritize the state’s budget to fund projects such as transportation infrastructure.

Initiative 22 proposes a two-tier income tax rate that would eliminate the state’s flat tax of 4.63 percent. The tax rate would increase from 4.63 percent to 5 percent on income of $75,000 or less; and climb from 4.63 percent to 5.9 percent for income over $75,000.

Hickenlooper claimed it’s a minimal tax increase of 1.3 percent, but Rosen did the math and declared it would be a 27.4 percent increase on all income over $75,000.As an example, Rosen said, it would add roughly $200,000 on top of $600,000 in state income taxes paid by someone like Rockies First Baseman Todd Helton, who reportedly earned $17.8 million in 2010.

“That’s a steep increase. There’s no question,” conceded Hickenlooper.

We have an idiot for a Governor in Colorado, suck the taxpayers dry, no wonder long time residents of Colorado are moving out and freeloaders are moving in. Hickenlooper could be Obama's twin.

Perhaps you should move to Mississippi?

That state only spends $7,928 per child per year.

Course you often get what you pay for too.

Mississippi is usually ranked as the WORST EDUCATING STATE in America, too.

https://www.google.com/#bav=on.2,or.r_qf.&fp=584e6f03ba966077&q=mississippi+education+ranking