Repealing Gallagher Won’t Help Businesses, But WILL Raise Property Taxes

Repealing Gallagher Won’t Help Businesses, But WILL Raise Property Taxes

June 11, 2020

Colorado Rising State Action is opposed to repealing the Gallagher Amendment, and will oppose it on the ballot if it ends up there. By freezing business property taxes, you’re not helping businesses in any way, but repealing Gallagher will ensure that residential property taxes are increased across the state, at a time when many families can’t manage that additional burden.

Take a look at some of the press coverage on this issue:

Denver Post: The conservative group Colorado Rising State Action, which advocates on fiscal issues, signaled its opposition in a statement from Director Michael Fields: “While repealing Gallagher won’t do anything for businesses, it will certainly raise property taxes on families who can hardly afford that added financial burden right now.”

Colorado Politics: Colorado Rising State Action, a group poised to oppose the Gallagher repeal, noted Tuesday that the last time voters were asked, in 2003, the repealed failed 78% to 22%.

“While repealing Gallagher won’t do anything for businesses, it will certainly raise property taxes on families who can hardly afford that added financial burden right now,” executive director Michael Fields said in a statement. The right-leaning organizations said legislatures should address the funding formula for K-12 education more directly with a focus on students, rather than creating a uniform mill levy or repealing the Gallagher Amendment.

Channel 7 News: During the final Senate debate on the repeal, six Republicans voted against the bill. Critics worry that this is part of a two-step process to increase residential property taxes on families who are also struggling to recover financially from the COVID-19 pandemic.

“People really want to keep their property taxes. They feel like they’re getting hit on other taxes, on sales tax, on income tax and, here in Colorado we have one of the lower property tax rates for residential in the country, and I think people see that as a positive thing,” said Michael Fields, the executive director of Colorado Rising State Action.

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