Colorado voters appear to support a proposal to allow the state government to keep and spend some or all of the revenue that would otherwise be refunded to taxpayers under the Taxpayer’s Bill of Rights.
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Advance Colorado, the Independence Institute, and the Colorado Chamber of Commerce oppose it, arguing the state should use existing education funds more efficiently. They also noted that, after the first decade, the retained dollars must be spent on K-12 education and other purposes — as determined by lawmakers, meaning it leaves that spending discretion to the legislature.
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