Ruling Democrats at Colorado’s legislature have a reflexive urge to raise taxes. Think of it as a collective case of obsessive-compulsive disorder.
Problem is, they can’t act on their urge without voters’ permission — thanks to the Taxpayer’s Bill of Rights in our state constitution. Asking voters to raise taxes is of course risky; they’re often enough unsympathetic. Go figure.
…
It also would backfire in another way Colorado simply cannot afford: It would pile yet another burden on businesses — which create most of our state’s jobs — amid what already is being perceived as an anti-business climate. As business observers noted in Colorado Politics’ news report, Colorado has been losing ground in national business rankings. A Colorado Chamber of Commerce-commissioned study found it is the sixth-most-regulated state in America.
Read more here.