Taxpayer Bill Of Rights Case Analysis

Decent Essays

Question 1:

I'll start off my post by saying that I honestly hadn't heard of TABOR before this class. I used to live in Northern California before Colorado not too long ago, and it didn't seem to be talked about over there, as they haven't implemented TABOR. I decided to read up on it to gain a greater perspective of what the Taxpayer Bill of Rights entails.

The first concept that I learned about was that under TABOR in Colorado, taxpayers would now be able to vote before taxes were raised by local and state governments. The voters must approve the tax raise. In addition to that concept, the revenues that had previously been collected as a result of prior tax rates were not to be spent without tax payer approval, should those rates have increased quicker than …show more content…

Lastly, should TABOR surplus occur, any of the extra funds must be redistributed back to the taxpayers, unless the taxpayers approve a change of revenue.

Considering all of the prior information, TABOR sounds like a decent idea. Although, I wasn't entirely convinced. I decided to look into the pros and cons of TABOR. I found an article that claims that while TABOR isn't perfected, there have been improvements made within the Colorado economy since tabor. This conclusion was made after comparing the Colorado economy 10 years before TABOR had been introduced in 1992 to the Colorado economy 10 years after TABOR was implemented. According to the Colorado Springs Business Journal, job growth within Colorado has for the most part increased steadily. The article claims, "From 1983-1992, total job growth in Colorado was 18.1 percent. Government employment rose 21.1 percent and non-government

Get Access