New Colorado Law Set to Take Away Taxpayer Rights, Voters to Decide

In the November 2020 election, Colorado voters approved Amendment B, which repealed Gallagher. At the time, proponents of Amendment B successfully argued that repealing Gallagher would help fund schools and local governments. However, opponents argued that it would lead to a significant increase in property taxes.

Fast forward to today, and Colorado residents are again up in arms over skyrocketing residential property taxes, as county assessors across the state warn homeowners to expect a historic jump of anywhere between 30 percent to 70 percent in 2024.

“When [Democrats] asked for Gallagher to be stripped a couple of years ago in 2020, they said, ‘Without raising the tax rate, would you like all of these other things to be funded?'” Colorado state Rep. Stephanie Luck, a Republican, told The Epoch Times.

“And people of Colorado were like, ‘Yeah!’ Thinking they wouldn’t get charged more taxes. But it was a bait and switch. When you remove Gallagher, you remove that limitation. And then you’re seeing the consequence of it.”