Tim Cavanaugh | November 2, 2005
Colorado votes to give up $3.7 billion in tax refunds in order to "help the state bounce back from a recession."
Republican Governor Bill Owens and a "conservative" coalition prove essential to getting the measure passed.
Inevitably, fraudsters are irate about voting irregularities in conservative districts.
More inevitably, the pro-tax vote is hailed as an example of pragmatism and "guts."
Mike Lynch explains the finer points of tax refunds.
Samuel Johnson declares "Taxation No Tyranny."
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It seems that the Co. GOP has finally got Nixon's "We're all Keynesians now" memo.
It's estimated at $3.7 billion. That's the beauty of this one, we voted to forgo ALL consitutional limits on revenue. It could end up costing us more or less, depending on the economny. While there is harldy a tax increase we apperantly can't live without around here it is worth noting that the companion $2+ billion bond measure did fail.
"Colorado voters agreed Tuesday to give up $3.7 billion in
taxpayer refunds over the next five years to help the state bounce
back from a recession,..."
Er, who exactly is saying that this refund give back will help
solve a recession? It may help a government budget shortfall caused
by an economic recession but that would actually improve the
economy is a dubious assertion at best. Paulson simply asserts this
belief as fact in the first line of the article, and therefore is
either guilty of sloppy writing or editorializing in his
reporting.
"Republican state Sen. Norma Anderson said Owens "did the right
thing."
She said Owens will be fine politically because "he has a long
record of being a conservative."
"The far right do not understand the people of Colorado," she said.
"The people in this state are very pragmatic."
Sen. Anderson must be using a different dictionary than the one I'm
familiar with, where "pragmatic" means "economically ignorant" or
"easily misled".
Another promising fiscal conservative Republican who's now "grown
in office". Sigh.
The government plays a stupid trick on us every year by
pretending that a tax refund is some sort of gift. It looks like
the people in Colorado have actually bought it. DF, you're right.
Suckers.
I'm terrified that this ignorance and stupidity is going to
spread.
I'm disappointed by the Referendum C result (although it does appear Referendum D was defeated), but Denver voters did decriminalize possession of small quantities of marijuana: http://www.denverpost.com/localpolitics/ci_3173687
52-48, huh? It looks like the Golden State arrivistes are making their presence felt.
Heard it on the radio this morning.
Swell.
Evidently, not even Western pragmatism can make up for Daddy
letting you stick your hand in the cookie jar.
SR,
Your URL appears to be broken. I do remember reading about this,
though. It sounded to me like the vote was going to be pretty
close.
sage, cut-and-paste the URL into the address bar on your browser and it should work fine.
SR/sage:
What are the particulars on that initiative? Is this contingent on
medical use?
All of a sudden, my contempt towards the Col. voters has taken a
breather..
Mr. Nice Guy,
The municipal legalization of under an ounce of pot in Denver is
complete and unqualified, but it is probably meaningless since
municipal cops regularly enforce state laws and the state laws on
pot have not changed.
fyoder:
I think this is a great moral victory, though. Denver is obviously
a major city. I've read that Oakland, too, has taken a big step
towards decriminalization.
It's happening all around. A few years ago, my boy Bob Ehrlich
passed a bill to effectively decriminalize medical use. And he's a
Republican.
I'm a little concerned about the tactics in Denver, though. Those
SAFER people may be correct in their assertions, but they are
striking me as being a bit looney. MJ isn't goofy and harmless like
cotten candy. There should be a strong and sober emphasis on
responsible use.
Ha ha.
People who actually live under a "starve the beast" form of
government don't like it very much.
Who woulda thunk it? I mean, besides me.
I love federalism. If the higher taxes work, then the state will
thrive and we will all come live with F. Otherwise, the state will
do worse and people will go to other states.
No need for predictions or argument. Just another irrational
rational-actor in the market for regional governance schemes. She
will reap as she sows and we will all learn from her harvest, such
as it may turn out to be.
So joe, do you always think the way the majority votes proves what is right, or only when it's convenient?
fyodor,
Did the concept of "right" get added to my post somehow without my
knowing it?
Fortunately for us here in Utah, our goofy liquor laws keep a
lot of Californians out, so they go to Colorado instead.
Suckers.
The "starve the beast" concept deals with deficit spending. This was not the issue in CO.
joe,
So, "I mean, besides me" wasn't meant to mean that you were right
about the consequences of a "starve the beast" approach to
government? While the rest of us here were wrong? Seems you're
either you're splitting hairs to a ridiculous degree or being
disengenuous. Or both.
At bottom, MP, the "starve the beast" theory deals with erecting
a system that makes it impossible for enough money to flow into the
general budget to do the things conservatives don't like.
That was exactly the issue in Colorado.
Achieving this result via sadding the govenrment with a huge
"mortgage" payment is only one tack. Hard limits on budgets or tax
levies is another.
Fortunately for us here in China, our goofy freedom laws keep a
lot of freedom lovers out, so they go to the USA instead. :p
The "starve the beast" approach always seemed to me a cheap way of
getting support from fiscal conservatives in the short term without
actually changing anything in the long run. Kind of like CA's
"fiscal responsibility" propositions, which make lots of noise
aligning the usual supects along the typical poitical lines, but
actually do nothing but provide job security for lawyers.
MP,
My understanding of the "starve the beast" idea is that by lowering
taxes you limit the government's spending options, thereby
shrinking the government. Therefore it's potentially fair, if
overly simplistic, to characterize the support for the TABOR
amendment in such a way.
That said, the beast wasn't so much starved in Colorado but
squealing over its imminent starvation. How bad that starvation
would have been is still very much an open question, and I would
say the political dynamics of the situation weren't very much
different than they are in any other situation in which voters
weigh the pros and cons of less versus more taxes.
I swear. We've had something on the ballot asking to ignore TABOR "just this once" since they friggin' passed TABOR. I can't believe people finally fell for it.
joe- That isn't exactly the issue here in Colorado. Mandated constitutional spending has eaten up the majority of the budget leaving less for other various subsidies. The Colorado budget has never once decreased during our 'starve the beast' TABOR years. The portion of the budget that the legislature can do with as they please has decreased. To keep the pieces of the pie devoted to mandates happy, other pieces suffer. Is this bad? Depends on who you talk to I guess.
Ehn, I'm all for it. Let Coloradans throw their money at their
government in some sort of sacrifice to the good-economy
spirits.
I don't live in Colorado, after all.
There was little concrete evidence that CO couldn't have
ridden through the storm.
Yeah, it always amazes me when levels of spending that were fine
just a few years ago suddenly become catastrophically
inadequate.
This one hurt. I worked to defeat Ref C quite a bit, mostly by
calling talk radio. I was kinda optimistic-all for not.
Republican Governor Bill Owens and a "conservative" coalition
prove essential to getting the measure passed.
Owens' turn-coat support was essential in eeking out the 52%-48%
win. The majority of the GOP members in the state house opposed the
rip off. The measure was authored primarily by the ultra big
spending Democrat Speaker of the House, Romanoff.
I worked to defeat Ref C quite a bit, mostly by calling talk
radio.
uhhhh..... not gonna say anything...
crimethink,
Yeah, that occurred to me when I wrote it. :) Kinda left myself
open on that one, huh? If I thought my calls actually lost us
votes, I'd probably kill myself.
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