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Barry's Blog ~ Barry Noreen's opinion blog

The revenuers are coming for you -- and soon

July 2nd, 2009, 2:28 pm · 2 Comments · posted by bnoreen

The Taxpayer's Bill of Rights creates a ratchet-down effect, although TABOR supporters like to deny it. It's pretty well explained if you click here. Here's how the ratchet works:

In the current recession, sales tax revenues are way down. Eventually, revenues will bounce back, but the recession is creating a new TABOR baseline (you could refer to it as a basement if you like). It means that although the city will receive double-digit increases in sales tax revenue eventually, it won't be able to keep a good share of the money. TABOR limits the city to keeping an increase that is tied to a formula including inflation plus population growth.

The TABOR ratchet means the size of government constantly must shrink, relative to the overall economy.

Many of the same people who love TABOR insist government should operate more like a business. But no business would consider doing what TABOR does. It hards times, businesses cut back on training, travel, advertising and infrastructure costs. So does government. But when the good times return, businesses reinvest in training, infrastructure and the rest. To compete, they have to. TABOR restrains government from doing the same sort of reinvestment. TABOR forbids government behaving the way a business would.

Because TABOR has hamstrung Colorado Springs so badly, the Sustainable Funding Committee appointed by city hall will forward a list of revenue-raising ideas to the City Council. Many of the ideas are contained in a new report. It's 169 pages, so if you want to down load the whole thing, have patience.

Will Colorado Springs voters approve some kind of tax increase in November? Maybe. Will there be a list of fee increases coming? Almost certainly.

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 2 Comments

  • George Walkow says:

    Re your Gazette "opinion" article Thinking outside the box on revenue.
    I guess by your "opinion" I'm one of those "ignorant" and "lying" TABOR backers. You probably have some more names to call me. Like maybe, informed, consciences voter, and taxpaying citizen. I'd throw in 25-years of excellent military service but most liberals wouldn’t have any respect for that. However, since you let the name calling cat out of the bag, I'll give my opinion. Only a left-wing, flaming, liberal/socialist who loves to reach into the pockets of hard-working taxpayers to fund their idiotic and moronic social programs so they can "feel good about themselves" would be an anti-TABORist. Let's put the fun aside. I've lived in Colorado since the inception of TABOR. What has it done? Stopped the legislative spendaholics form Californicating Colorado. I have relatives in California and the worst for that liberal, spendaholic state is yet to come. TABOR has saved us from that calamity. If you don't believe me, how about getting an IOU for your next paycheck instead of money? Or here's another deal for you "socially minded liberals", donate a percentage of your pay (up to 100% if you wanted to) to the city, county, or state to make up for the funding TABOR doesn't let them take from the taxpayers. Finally, here's something Tax Ritter will learn in 2010 when he tries to get re-elected. When is a fee increase Not a tax increase? Never! Just take a look at your next vehicle license renewal statement.

  • rick chenoweth says:

    They just don't get it.. we do not want the social/liberal elects to spend the funding unless they abide by the law.. TABOR should be national. or. a fair tax instituted, nationally.

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