May 28, 2024

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Colorado property tax increase will hurt, despite Democrat’s proposal

1 min read

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Like other Colorado homeowners, I opened a little white envelope this week and found out my property taxes were going to go up, way up. My home’s value is 57% higher than before which means I could pay $1,400 more in taxes next year.

Adjunct professors aren’t one-percenters; we’re more like Starbucks employees minus benefits and free coffee. Property values, which are reassessed every two years in odd-numbered years, went up in the Denver metro area by 35% to 45%. Some of us got even luckier.

Monday, the governor flanked by Democrats announced they’re here to help. In a departure from their usual rob Peter to pay Paul redistributionist schemes, their best idea is to rob Peter to pay Peter. They will place an initiative on the ballot asking voters to provide themselves property…

Krista Kafer

2023-05-04 06:01:16

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