CO: State Taxpayers May Get Refund

Thanks to the state's Taxpayer Bill of Rights, Colorado taxpayers may get a rebate check this year, according to the Rocky Mountain News. The rebate is only about $15, but that is far better than the hefty tax increases people in many other states are facing.

However, if the liberal Democratic proposal to have the state government keep $3.7 billion of excess revenue passes this November, even the measly $15 rebate will be cancelled. Aided by Republican Governor Bill Owens, liberal groups are pushing hard to win approval of the ballot measure that would deny TABOR rebates for five years so that the politicians can go on a multi-billion dollar spending spree.