Get the Facts!

Referendum C is the NO REFUND FOR YOU TAX INCREASE!

It means:

• MASSIVE TAX INCREASE

The state keeps all of YOUR excess tax refunds for five years.

• COST UNKNOWN

The estimated cost is $3.1 billion or $3200 per family of four. But because the state keeps all of YOUR excess tax funds, that number could go much higher.

• FOREVER TAX INCREASE

Government is the one thing that defies the basic law of gravity: that which goes

up must come down. Once state spending has ratcheted up, it will never go

down because the highest level of spending will become the new baseline.

• AMENDMENT 23 IS THE REAL PROBLEM

Mandated, unfunded K-12 spending has placed a strangle hold on the general

fund, each year consuming a greater percentage.

• OVERCOMPENSATION

Referendum C gives the state legislature more than 3 times the amount of money

it claims the state needs to “change the TABOR ratchet effect.”

What budget crisis? The state budget is at an all time high. It increased to $15.2 billion, up 7% just this year. Enough to afford across the board pay increases for all government employees.