Proposition 103 - Temporary Tax Increase for Public Education
I just got the pamphlet in the mail. Guess what, in this time of economic difficulty for so many folks the government wants to raise your taxes.
They say it is temporary (5 years) but they are lying, it'll be like the RTD tax which we're still paying after how many years.
This tax isn't for your children, it is the Looper's payoff to the teacher's union that got him elected.
I have a better idea, why doesn't the public school administration spend the money they are already receiving more wisely. The private sector has to spend more wisely, why not the public sector.
I love the assumption that tax revenues will go up each of the 5 years. If this passes (I don't doubt that it will) I think businesses will cut headcount to make up for this loss of gross revenue.
I'll be voting NO.