Colo. Voters Spurn Income Tax Hike For Education Funding
Sixty-five percent of Colorado voters rejected Amendment 66, with 34 percent voting in favor of the measure. The vote doomed what would have been an 8 percent tax increase on taxable income up to $75,000 and a 26.6 percent tax hike for taxable income exceeding $75,000.
The measure had received donations backed by Bill Gates and New York Mayor...
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