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From Colorado Voters to Decide on Progressive Income Tax Amendment

How will the adoption of Colorado's progressive tax amendment affect the Department of Education?

K-12 education could receive dedicated funding if Amendment 87 passes If Amendment 87 is adopted by Colorado voters in November, it would replace the current flat income tax with a graduated system. Proponents argue the resulting increased tax revenue would be dedicated to funding K-12 education, healthcare, and early childhood care. This extra money would be treated as a separate pot of cash that lawmakers could use specifically for these purposes, on top of existing legislative spending.

Reported by 4 independent outlets Written Sep 27
Effect
Strong positive
How direct
2 steps, all reported
When
Within weeks
The story
Mostly repetition

How it reaches Colorado Department of Education

Reported by news outlets

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The facts so far

As reported. Each one links to where it comes from.

  • Amendment 87 would replace the state’s flat income tax with a graduated income tax system.greeleytribune.com
  • The proposal would cut the majority of Coloradans’ tax bills by hundreds of dollars.greeleytribune.com
  • The highest-earning Coloradans — the top 0.01% — could see their income tax bills almost double.greeleytribune.com
  • The extra money raised by the change would be treated like a separate pot of cash that lawmakers could use only for K-12 education.greeleytribune.com

Why it matters

The debate over Amendment 87 represents a major shift in Colorado's fiscal policy, moving from a flat tax structure to a progressive one. For the Department of Education, the potential for a dedicated, separate funding stream is significant, as it directly addresses the state's need to finance K-12 education.

Conversely, opponents argue the proposal amounts to a $2 billion-plus tax increase with far-reaching economic ramifications. The debate pits proponents who frame the change as necessary to address historic wealth inequality against critics who warn of negative impacts on the state's overall economy.

What we don't know yet

  • Will Amendment 87 be adopted by Colorado voters in the November election?
  • What is the projected total amount of extra money raised by the tax change?

Is this still moving?

Mostly repetition
Reports
9
Developments
1
Repetition
89%

What would change this answer

Amendment 87 is passed by votersThe Department of Education would gain a guaranteed, dedicated revenue stream for K-12 education.
Opponents successfully pass Proposition 136Tax rates would be capped at the current level, eliminating the potential for new dedicated education funding.

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  • About COS Act

    How might the COS Act interact with the new graduated income tax structure proposed by Amendment 87?

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The full eventColorado Voters to Decide on Progressive Income Tax Amendment Everything aboutColorado Department of Education

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