Top Colorado lawmakers on Wednesday gave a package of tax hikes introduced a day earlier by Gov. John Hickenlooper an uneasy reception, with members of both parties suggesting they found the proposal lacking but are uncertain of how to proceed. Hickenlooper on Tuesday took the extraordinary step of proposing two tax hikes to send an additional $110 million to public schools, thrusting school funding into the forefront of the state’s budget discussions, even as lawmakers are already embroiled in a fight over a separate tax hike to pay for roads. The Democrat is calling for a 50 percent increase in sales taxes on recreational marijuana starting July 1, which would generate an extra $42 million. He also wants to cut the senior homestead property tax exemption in half, freeing another $68 million for schools.

BING NEWS:
  • NC voucher expansion debate highlights starkly different approaches to education spending
    The meeting served as an opportunity for Democrats and Republicans to showcase very different views of education spending priorities ... Under the 2023 plan, voucher funding would have hit a ...
    05/1/2024 - 10:00 pm | View Link
  • North Penn School District taxpayers could see 4.49 percent tax hike for 2024-25
    We really don’t expect a scenario where we would recommend anything to the board that’s 5 percent or higher. It’s just simply not needed, for a ...
    04/25/2024 - 8:38 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News