Ben Murrey of the Independence Institute writes about the fight against Colorado’s state income tax:
Over the last two years, state legislatures in at least 18 states have enacted reductions in their states’ individual or corporate income-tax rates. In Colorado, however, the Democratic-controlled state legislature refused to advance income-tax cuts. Republicans had introduced legislation each of the last two years to reduce the state’s income-tax rate, but the Democratic majority killed the bills in committee. So, citizens took matters into their own hands.
Colorado’s results have confirmed a replicable strategy for phasing out income taxes in a deep-blue state turning bluer each year — a strategy Colorado’s Democratic governor has so far supported.
David Bahnsen talks to Dan Clifton on the latest episode of Capital Record. Listen here, or wherever you get your podcasts.