NEWS FLASH
Colorado Gathers Enough Signatures To Vote On Tax-Increase Ballot Initiative | Supporters of Colorado’s Initiative 25 — which would restore the state’s income and sales tax back up to its 1999 levels — announced today that they have collected around 142,000 signatures, almost double the amount required to put the measure on November’s ballot. Motivated by the state’s deep cuts to education spending, more than 650 volunteers canvassed around their communities in search of support to raise the sales tax from 2.9 to 3.0 percent and the income tax from 4.63 to 5 percent “By voting yes, Colorado will establish itself as a national leader by reinvesting in our future, our kids, jobs and our economy,” said state Sen. Rollie Heath, who helped to author the initiative.
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