Ritter raises taxes by 300 million...anyone adding this up?
#tcot #redco #teaparty
From Colorado Senate News.
By signing into law nine bills that will raise taxes by $300 million, Senate Republicans say Democrat Gov. Bill Ritter effectively ensured the destruction of thousands of Colorado jobs.
During debate over the tax hikes, hundreds of Colorado businesses showed up at the Capitol to oppose the tax bills, saying they were job-killers. A tax hike on energy, for example, will cost Evraz Rocky Mountain Steel Mill an estimated $2 million annually and put 1,000 jobs at risk. Pepsi officials told lawmakers that a new soda tax will jeopardize as many as 800 jobs. A new tax hike on candy threatens 150 workers at Grand Junction confectioner Enstrom’s, and the more than $3.3 million the company spends each year with more than 300 Colorado vendors.
"It is appalling that Democrats can't find a way to balance the budget that doesn't involve raising taxes by hundreds of millions of dollars," said Sen. Greg Brohpy, R-Wray.
Last year, Gov. Bill Ritter and majority Democrats levied $1 billion of new taxes and fees on Colorado families, including a $90 million property tax increase on Colorado seniors; a $30 million tax hike on small businesses; a $225 million-a-year car tax that will raise registration fees by up to $70 per vehicle; a new half-billion dollar tax on the state's hospitals, and a $40 million tax increase on capital.
Republicans offered an alternative proposal that would have spared Colorado families and businesses from the latest slew of tax hikes by implementing across the board cuts for all state departments and agencies. Democrats elected not to take up the GOP proposal until after the tax hikes had been signed into law, delaying consideration of the bill until March 3. It has been sent to the Senate State, Veterans and Military Affair Committee, which is used by leadership to kill legislation. from - Rachel Boxer Senate Minority Press Secretary
From Colorado Senate News.
By signing into law nine bills that will raise taxes by $300 million, Senate Republicans say Democrat Gov. Bill Ritter effectively ensured the destruction of thousands of Colorado jobs.
During debate over the tax hikes, hundreds of Colorado businesses showed up at the Capitol to oppose the tax bills, saying they were job-killers. A tax hike on energy, for example, will cost Evraz Rocky Mountain Steel Mill an estimated $2 million annually and put 1,000 jobs at risk. Pepsi officials told lawmakers that a new soda tax will jeopardize as many as 800 jobs. A new tax hike on candy threatens 150 workers at Grand Junction confectioner Enstrom’s, and the more than $3.3 million the company spends each year with more than 300 Colorado vendors.
"It is appalling that Democrats can't find a way to balance the budget that doesn't involve raising taxes by hundreds of millions of dollars," said Sen. Greg Brohpy, R-Wray.
Last year, Gov. Bill Ritter and majority Democrats levied $1 billion of new taxes and fees on Colorado families, including a $90 million property tax increase on Colorado seniors; a $30 million tax hike on small businesses; a $225 million-a-year car tax that will raise registration fees by up to $70 per vehicle; a new half-billion dollar tax on the state's hospitals, and a $40 million tax increase on capital.
Republicans offered an alternative proposal that would have spared Colorado families and businesses from the latest slew of tax hikes by implementing across the board cuts for all state departments and agencies. Democrats elected not to take up the GOP proposal until after the tax hikes had been signed into law, delaying consideration of the bill until March 3. It has been sent to the Senate State, Veterans and Military Affair Committee, which is used by leadership to kill legislation. from - Rachel Boxer Senate Minority Press Secretary
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