Affordability and financial predictability matter to Colorado families. Colorado currently taxes individual income at a flat rate of 4.4%.
Proposition 136 would cap that rate at 4.4%. The measure will protect families from future income-tax rate increases, allow taxpayers to keep more of their earnings than they would under a higher rate, and provide greater certainty when planning household or business finances.
A permanent cap would also re-enforcing that Colorado lawmakers need to ask voters first. Colorado lawmakers’ ability to raise the income-tax rate in response to future budget needs or increased spending.
This is common sense. Proposition 136 will maintain the flat 4.4% income tax rate for all Coloradans, give taxpayers greater predictability, and avoid increasing the income-tax burden on Colorado families.
Vote YES on Proposition 136. Protect Colorado Families
How Does Proposition 136 Protect Colorado Families?
Caps Colorado’s income tax rate at 4.4%
Proposition 136 would establish 4.4% as the maximum state income-tax rate, creating a clear ceiling and greater predictability for Colorado families and businesses. The rate could still be reduced but cannot be increased above 4.4% without change to state law PLUS a vote of all Colorado voters as required by TABOR.
Gives Greater Certainty for Colorado Taxpayers.
Families and businesses make better financial decisions when they know what to expect.
Proposition 136 provides that certainty and predictability by capping Colorado’s income-tax rate at 4.4%, establishing a firm ceiling that taxpayers can count on while still allowing the rate to be reduced in the future.
A Predictable Tax Climate Supports Colorado’s Economy.
Greater tax certainty will help Colorado remain an attractive place to live, work, invest and grow a business.
Proposition 136 would cap Colorado’s income-tax rate at 4.4%, giving families, entrepreneurs and employers a clear limit they can plan around.
Families keep more through added protection from future tax increases.
Colorado families are already managing rising costs for housing, groceries, utilities and other necessities.
Proposition 136 protects Colorado taxpayers from future increases above 4.4%, allowing all families to keep more of their income.