Colorado Voters to Decide Fate of Dueling Income Tax Questions in November
Supporters say the measure would raise about $2 billion a year for schools, healthcare and early childhood programs by taxing higher incomes more.
- On Tuesday, the Colorado Secretary of State's Office certified Initiative 195 for the November ballot after supporters submitted 130,938 valid signatures, qualifying the graduated income tax proposal for voters.
- Proponents argue the measure addresses years of budget shortages; fiscal analysts project it would generate nearly $2 billion annually for K-12 education, healthcare, and early childhood programs.
- The initiative would replace Colorado's 4.4% flat tax with a graduated system, reducing taxes for 97% of taxpayers while increasing rates to 8.4% for those earning over $1 million.
- A competing measure, Initiative 232, also qualified for the ballot and would cap the state income tax rate at 4.4%, according to the conservative advocacy group Advance Colorado.
- If both measures pass, the one receiving the most votes takes precedence, potentially setting up a legal battle over which tax structure becomes state law.
15 Articles
15 Articles
Colorado voters will decide on new graduated income tax this November
STATEWIDE, Colo. (KRDO) -- A new initiative that would change the income tax system in the state will appear on Colorado ballots in November after receiving the required number of signatures. According to the Elections Division of the Colorado Secretary of State's Office, Proposed Initiative #195 "Graduated Income Tax" is proposing changes to the state's
State income tax overhaul targeting top 3% of earners heads to November ballot
Colorado voters will decide this November whether to overhaul the state's income tax system, raising rates for the highest earners while cutting taxes for most residents. See the full story in the video below State income tax overhaul targeting top 3% of earners heads to November ballotInitiative 195 would eliminate Colorado's 4.4% flat income tax rate and replace it with a graduated income tax system starting Jan. 1, 2027. Individuals and busin…
Capped or graduated income tax rate? Colorado voters to decide
The proposal to create income tax tiers — which would replace Colorado's flat rate — has been certified for the November general election ballot, setting the stage for a major showdown between two competing forces seeking to define the parameters of state revenue.
Aspen Times
Colorado voters to decide fate of dueling income tax questions in November
Editor’s note: This story has been updated to correct the date of the November general election. Colorado voters will be asked conflicting questions about the state’s income tax rate on their November 2026 ballots. Dueling measures have both qualified for the ballot, according to state officials. One would prevent the state’s current flat income tax rate from increasing, and the other would raise the rate for higher earners. The latter, Initia…
Colorado Newsline
Missoula CurrentColorado graduated income tax proposal qualifies for 2026 ballot
Coloradans will vote this November on a ballot measure that would raise income taxes on the top 3% of earners and slightly cut them for everyone else. Backers of Proposed Initiative 195 submitted a sufficient number of petition signatures to qualify for the 2026 ballot, the Colorado secretary of state’s office said Tuesday. As a […]
Big change for Colorado income tax makes ballot, which is now all but set for November
A graduated income tax measure qualified for the Colorado ballot on Tuesday. It will join several other ballot measures -- on income taxes, education funding, immigration, fentanyl and hunting.
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