Hickenlooper Massive Cuts in Education

Hickenlooper said raising taxes was a non-starter.


Spending on K-12 education would take the biggest hit in state history, colleges would get less money, state employees would see less in their checks, and Colorado would close four parks and a prison under a revised budget Gov. John Hickenlooper unveiled Tuesday.

Hickenlooper submitted a spending plan for the 2011-12 fiscal year that makes an additional $570 million in budget-balancing actions on top of the plan that Gov. Bill Ritter, also a Democrat, first proposed in November.

The new governor said his proposal aims at fixing "structural" problems with the state budget, in which expenditures have far outpaced revenues over the past decade.


Read more: Hickenlooper proposes Colo. budget with broad, deep cuts - The Denver Post http://www.denverpost.com/legislature/ci_17398478#ixzz1E993nbW5
Read The Denver Post's Terms of Use of its content: http://www.denverpost.com/termsofuse

The Constitution affords rights to people
I do not believe it affords any rights
to businesses nor corporations.

suggesting business will bolt or never consider Colorado because of taxes is fear mongering, but music to millionaires/billionaires.

saying that they have to cut taxes or the rich will leave this country

but the pain will heal and health will begin.

a false sense of security. These fuckers are killing us.

And if they all want to leave the country - then good riddance. That would be a paradigm shift.

He also said that Colorado is ranked 4th out of 50 states for being pro business. So it's not like we're "lagging" in that area.

some taxes?

almost the same thing.

http://www.itepnet.org/wp2009/co_whopays_factsheet.pdf

Colorado state taxes are regressive. People in the bottom 40% pay a total rate of 9%. People in the top 5% pay a 5.4% rate and people in the top 1% pay a 4.2% rate.

Thank goodness you can count on a Democratic governor to not raise taxes on the rich.

Coloradans are getting fucked here.