The Bell Policy Center strongly urges a NO vote on Proposition 121. Tax cuts seem to find their way to our ballot every year, and every year the Bell Policy Center stands against this regressive and fiscally harmful policy. We should not be permanently reducing our revenue to give millionaires an extra $1,500. This measure actually reverses the progressive progress of the 2022 TABOR rebate mechanism and worse, it locks it in forever.
From targeted rebates, to early child care and transportation funding, it should be up to the legislature and voters to decide how best to use surplus dollars in the times ahead. Vote no on this bait and switch.