Colorado Prop 103: Weak Case for Tax Hike’s Job-Killing “Domino” Effect

by Ben DeGrow | 10:37 am, October 20, 2011 | Comments Off

Update, 11/2: Welcome, Michelle Malkin readers… Thanks for the link!

Colorado has one issue on the statewide ballot this year: Proposition 103, a large tax hike sold as a way to increase revenues for K-12 and higher education. Unfortunately, there are two major problems with this proposal that render it unworthy of support.

First, it’s a job-killer that very well could prolong and deepen our state’s current recession. An Independence Institute issue paper by Dr. Barry Poulson finds that more than 11,000 jobs will be killed, a devastating analysis of the Prop 103 “domino” effect most creatively expressed in this amazing 3-minute video:

Second, the case for more K-12 education funding rests on a very weak foundation that lacks valuable context. Mike Rosen cited some numbers I dug up for him from the Colorado Department of Education in his column today for the Denver Post:

Complaints that public education spending in Colorado has been slashed in recent years conveniently ignore the big picture. Ben DeGrow at the Independence Institute reports that total annual expenditures on K-12, adjusted for inflation, from 1999 to 2010 have increased by $3.2 billion or 46 percent. Per pupil spending is up 24 percent. There’s little to show for it in the way of results.

Simply put, that quick one-two punch should inform Colorado voters why Prop 103 deserves to go down in flames. The Independence Institute’s Ed Is Watching blog also has a similar, more lighthearted take.

Comments

Praise for PPC From Our Lefty "Fan"

• "Zany-ass bombast-entertainment...Hackneyed weirdo communist pseudo-nostalgia" --Alan Franklin, ProgressNow

Featured Posts

• PPC Training for Activists

  UPDATE: Something apparently got messed up with the PayPal buttons during this past weekend’s database glitch – fixed now. Yes, it’s that time again — PPC will be conducting training classes for center-right activists on Saturday, April 20 and Saturday, April 27, at Independence Institute in Denver. The tentative class schedule is as follows: Saturday, [...]

• Holder’s First Letter to Paul Precipitates the Best Filibuster Ever
• The Lamest Twitter Argument Ever Offered?
• Return of the PPC Re-Education Camps – You Know You Want to Be There
• Supreme Courts Blesses Warrantless Surveillance of Citizens in a Kafkaesque Farce
• GOP Elite and the Ruling Class
• Do We Now Get to Call Joe Salazar a “Rapist”?