Top Stories

Nov 3, 2013 11:17 AM by Associated Press, Posted By: Annie Snead

Confusion reigns on Colorado school tax question

DENVER (AP) - An income tax question to be decided by Colorado voters Tuesday sets up a watershed change for how public schools are funded and could be the largest voter-approved tax hike in state history.

But Amendment 66 is so complicated that many voters don't understand it.

The ballot measure rewrites Colorado's School Finance Act to correct funding imbalances that state education officials say have grown worse over time. The proposal would raise income taxes an estimated $950 million a year. It would also revive a progressive income tax structure Colorado abandoned in the 1980s.

Supporters of the measure have raised more than $10 million to promote it. Still, the measure's prospects are far from certain.

(Copyright 2013 The Associated Press. All rights reserved.)



More News

Story Photo

2 hours ago

3 Alarm Fire in Boston

Eleven people hurt tonight when an explosion, knocked a house off it's foundation in Boston, in the Dorchester area. It may have...

Weather - Forecast
Story Photo

12 hours ago

Rain & Snow On The Way

A Winter Weather Advisory is in effect from 6 PM tonight until 4 AM Thursday for Teller County, the Rampart Range (including...

Most Popular

Top Videos

1 2 3 4