Proposed Colorado Tax Increase Would Add $677 Million Annually to Transportation Infrastructure Budget

Colorado Springs Independent columnist Ralph Routon touts House Bill 1242, a measure supported by the leaders of the Senate and the House, that “proposes a statewide ballot issue for the November 2017 election, asking voters to raise the state’s portion of the sales tax from 2.9 percent to 3.52 percent, starting in January 2018 and continuing for 20 years.” The projected $677 million a year in additional revenue would be used exclusively to fund transportation infrastructure projects.