Business leaders in Colorado are urging their state legislature to revise their Taxpayer Bill of Rights (TABOR)."TABOR was passed by Colorado voters in 1992 to limit how much the government can collect and spend. It has come under fire recently after state budget woes forced the state to cut funding for various programs. Some business leaders claim TABOR handcuffs state government from maintaining transportation, education, health care and other infrastructure systems vital to business.
'The business community has said this is not good for business, and this is not good for Colorado,' said Gail Klapper, who signed the ad and is director of the Colorado Forum, which represents about 60 businesses statewide."
Despite the negative impact TABOR could have on the Wisconsin economy and infrastructure, Republicans are continuing to push for it here. Their plan would amend the state Constitution and put a cap on what local governments are allowed to collect and spend in taxes.
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