Our friends at Heritage Foundation released a new paper yesterday, Colorado’s Taxpayer’s Bill of Rights Should Not Be Breached. “Colorado’s Taxpayer’s Bill of Rights imposes sensible tax and spending limits on the state government, reducing the burden on taxpayers and creating a better climate for economic growth; but rather than make politically difficult belt-tightening decisions, lawmakers have proposed Referendum C, a $3 billion tax increase that will permanently change TABOR, increase the size of government, and pose long-term fiscal risk.” TABOR is critical to limiting government growth…that’s why 25 states are now considering some form of it! See Reason’s previous work for some background.
Geoffrey Segal is the director of privatization and government reform at Reason Foundation, a nonprofit think tank advancing free minds and free markets. He is also editor of Reason's Privatization Watch.