Proposition HH, also known as the Property Tax Changes and Revenue Change Measure, will appear on Colorado’s general election ballot this November. HH, if enacted, would limit assessed values in order to provide property tax relief, a seemingly pro-taxpayer cause. In an article published last week on Forbes.com, ATR’s Patrick Gleason explains how Governor Polis has taken contradictory positions by supporting Proposition HH. That’s because Proposition HH hinders the ability to phase out the state income tax using surplus revenue, which is Polis’s stated position. The real purposes of Proposition HH is not to reduce property tax burdens, but to attack Colorado’s Taxpayer’s Bill of Rights (TABOR).

Source: Forbes October 17, 2023 20:32 UTC