This November, Coloradoans will make a critical decision about the future fiscal responsibility and tax policy in their state. Colorado, through its Taxpayer’s Bill of Rights (TABOR), has emerged as one of the leaders in cutting taxes and restraining the growth of government that has nearly bankrupted many other states—returning $3.25 billion to taxpayers between 1997 and 2001. As a result, half of the states in the nation have followed its lead and introduced similar measures.

Proponents of Referenda C and D are arguing that the state is in dire straits and needs more money to survive. They paint a scary picture indeed; one in which hospitals, schools and libraries will close, where 911 emergency services will shut down and police and fire departments will be left without the tools and resources needed to function. While fear mongering may be a brilliant communications and public relations strategy, it is not an accurate depiction of the situation.

It presupposes that every dollar spent by the state of Colorado is both spent well and importantly. While the services in Colorado may be performed efficiently, there is always room for improvement. In addition, over the years the state has taken on new responsibilities and started new programs. Rarely do old programs get phased out or eliminated. There certainly must be some functions government can stop providing.

Read the full report (PDF), here