Measure on the ballot in the 2022 Colorado General Election in Colorado.
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Get StartedA "yes" vote on Proposition 121 reduces the state income tax rate to 4.40 percent for tax year 2022 and future years.
A "no" vote on Proposition 121 keeps the state income tax rate unchanged at 4.55 percent.
"We need to keep business here. We don't want to turn into California, where our most productive people and businesses are fleeing for lower-tax states." - Jon Caldara, President of Independence Institute, in support of Proposition 121 (Learn more)
"Proposition 121 is an initiative that would hurt Colorado and Coloradans in two ways: 1. It will reduce state revenue that could be used to pay teachers and support students by $1 billion in the first two years alone. 2. It gives the wealthiest Coloradans the biggest tax breaks. In fact, if Proposition 121 passes, those who make more than $1 million a year will receive more than 50% of the tax cut." - Great Education Colorado, in opposition to Proposition 121 (Learn more)
Shall there be a change to the Colorado Revised Statutes reducing the state income tax rate from 4.55% to 4.40%?
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