I'm not sure when or why people in this country think the Government can spend their money better then they can? This is incredibley sad...
Colo. Voters Give Up $3.7B in Tax Refunds
Nov 02 12:18 AM US/Eastern
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By STEVEN K. PAULSON
Associated Press Writer
DENVER
Colorado voters agreed Tuesday to give up $3.7 billion in taxpayer refunds over the next five years to allow the state to bounce back from a recession, ignoring the arguments of fiscal conservatives who say the government doesn't need more money to spend.
The vote was closely watched around the nation, with California scheduled to decide a government tax-and-spend question next week and several other states considering spending caps.
Supporters said Colorado simply could not afford to vote no, not with higher education, health care and transportation already suffering from millions of dollars in budget cuts.
With 76 percent of the expected vote counted statewide, 439,778 voters, or 53 percent, had approved the plan, compared with 391,842, or 47 percent, who voted against it.
Colo. Voters Give Up $3.7B in Tax Refunds
Nov 02 12:18 AM US/Eastern
Email this story
By STEVEN K. PAULSON
Associated Press Writer
DENVER
Colorado voters agreed Tuesday to give up $3.7 billion in taxpayer refunds over the next five years to allow the state to bounce back from a recession, ignoring the arguments of fiscal conservatives who say the government doesn't need more money to spend.
The vote was closely watched around the nation, with California scheduled to decide a government tax-and-spend question next week and several other states considering spending caps.
Supporters said Colorado simply could not afford to vote no, not with higher education, health care and transportation already suffering from millions of dollars in budget cuts.
With 76 percent of the expected vote counted statewide, 439,778 voters, or 53 percent, had approved the plan, compared with 391,842, or 47 percent, who voted against it.