Supporters of a campaign to get a graduated-income-tax measure on November’s ballot gathered at Martin Luther King Jr. Park on Saturday to launch a final signature-gathering push.
If adopted in Colorado, a graduated income tax would mean lower taxes for state taxpayers who make less than $500,000 per year and higher taxes for taxpayers and corporations that earn over $500,000 — and bring in $2 billion for child care, health care, and education.
“The recent H.R. 1 federal bill gave tax breaks to the wealthiest people and largest corporations in Colorado and around the country at the expense of those who can least afford it,” said Chris deGruy Kennedy, director of the Bell Policy Center, a progressive group advocating for fiscal fairness, in a news release. “A graduated income tax would push back on that giveaway and require the wealthiest to pay more – as they should.”
DeGuy is co-chair of Protect Colorado’s Future, a coalition of 19 grassroots and policy-oriented nonprofits, which is spearheading the graduated-income-tax campaign.
Today’s event is one of the final steps in the coalition’s campaign to collect the required 124,238 signatures from voters around the state to place the measure on the ballot.
All photos by Beth Schneider.
