state income tax

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Next week, Colorado voters go to the polls to vote on a state constitutional amendment to increase income taxes and fundamentally change how money goes to public schools.

Amendment 66 proposes to change Colorado from a flat-tax state and replace the structure with a progressive or graduated two-tier income tax system.

A growing group of Republicans across the country are working to repeal their states’ income tax, using Texas’ economic success to make their case (e.g., Gov. Sam Brownback of Kansas proclaiming “Look out, Texas. Here comes Kansas.”). In Texas, however, the state’s tax system is not universally beloved as explained in this background article by Aman Batheja of the Texas Tribune that appeared in the Amarillo Globe-News.

Kansas Governor Sam Brownback said, “Look out, Texas. Here comes Kansas,” when he revealed his plan to phase out state income tax, but the Texas experience shows that if you rob Peter, you might have to pay Paul.