Gov. Jared Polis praises Republican-backed ballot question to lower Colorado income taxes
A Republican-authored measure to cut Colorado’s state income taxes amid the economic crisis may have an unlikely ally when it appears on the November ballot: Democratic Gov. Jared Polis.
In a brief interview with The Colorado Sun, Polis praised the intent of Initiative 306, a ballot measure that would permanently reduce the state income tax rate to 4.55% from 4.63%. But he stopped short of an outright endorsement.
“We’ve long sought an income tax decrease,” Polis said after a recent event on reopening schools. “We obviously preferred that it was revenue neutral. But particularly in this challenging time, I think Coloradans certainly need tax relief.”
Conor Cahill, a Polis spokesman, declined to elaborate on the governor’s thinking, saying in a statement: “The governor will discuss his observations on whether the various ballot initiatives are good, neutral, or bad for Colorado after the ballot is set.”
The Secretary of State’s Office announced Aug. 17 that supporters of the tax measure submitted enough voter signatures to qualify for the 2020 ballot.
Read more via The Colorado Sun.
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