>*Coloradans voted Tuesday to increase taxes on wealthy households to fully fund free breakfast and lunch for all public school kids and bolster the federal Supplemental Nutrition Assistance Program, also known as SNAP or food stamps.*
>*The increased taxes on households earning at least $300,000 will shore up funding for free school meals for all public school children, provide raises for school meal staff, and support school district efforts to buy locally-sourced food.*
>*Any leftover funding will go toward new state costs for administering the SNAP program as a result of cuts enacted by the Trump administration and Republicans in Congress earlier this year.*
ShamelessCatDude on
So taxing the rich? I’m all for it! And if you make 300k a year I’m sure it’s not a huge deficit
SouthSouthBay on
This is the new federalism. After the Republicans gut the federal welfare system, some states will fund their safety nets, some will not. There will be a lot of suffering and displacement, but the dream of being „business friendly“ enough to compete with South Asia for labor prices is bound to fail.
jeffepstein49 on
MAGA thinks that living in a billionaires‘ slave state with no minimum wage and no healthcare iis, „capitalism“ and keeping Americans alive by by putting insignificant taxes on Elon Musk’s $500,000,000,000 is „communist Marxist socialist fascism“ and destroys our Christian values
Typical_Chance6412 on
Its astounding to see how all these billionaires are mad at just 2% extra tax on profit. Dude, the amount of wealth you have, even your 14th generation won’t be able to spend it in their lifetime.
OkAmbassador8161 on
Though I’m all for taxing the rich, this affects high w2 earners the most – doctors, lawyers, engineers. This is the highest taxed (by percentage) group in the US. This doesn’t tax the uber wealthy that have such an elaborate way to avoid paying their fair share.
throwRA_lame on
Decent start, but a lot more needs to be done. They should really be implementing this tax on every person and/or household that brings in 100k+. We need to be taxing all of the rich, not just the ultra wealthy.
runawaydoctorate on
I wasn’t surprised. Not only does the state get bluer every year, but the ballot had a little table printed on it that broke down who was and wasn’t getting taxed extra and how much the extra tax would be. It’s a little less than $500 extra if you’re making over $300K/year. It also helps that the free school breakfasts and lunches have been popular.
What is interesting is that the „Yes“ votes are leading in parts of our Trump country. Weld is currently at Yes but the margin is so tight it could go either way at this point. But Pueblo, Mesa, and El Paso are all at Yes and likely to stay there. My take home is you can convince people to tax the rich for the greater good if 1) that greater good is something obvious and 2) you break it down for them.
Chaos_Theory1989 on
Feeding children should be a priority regardless of your political affiliation.
lordagr on
More than half the people I talk to still refuse to understand that increasing taxes on the rich in a marginal tax system isn’t going to ruin them.
HaroldGreenBandana on
Queue Fox News trying to convince 7 year-olds that their school lunches don’t taste as good because they “didn’t earn it.”
ExRays on
Happy I could vote for this. 🙂
FormerUsenetUser on
When will they do something for poor people who aren’t kids?
Desperate-Fondant-41 on
Households earning 300k?! That’s not that much. 100k gets you comfortable in a few areas so I hope this is reflective of the average income in Colorado.
namideus on
> 57% of the votes counted were in support of the measure and 43% were opposed.
>The change will affect an estimated 200,000 households, or about 6% of households filing taxes in Colorado.
>The new funding from Proposition MM will ensure meals continue to be provided to all Colorado school children.
So many stupid people.
Ent3rpris3 on
Elon Musk could gift to every single American resident $1,000 and still be like the 8th richest person on the planet.
That’s unnatural, and I bear true hatred for anyone who has so much and yet chooses to not help the rest of the world in any effective way.
If they won’t save us from problems they exacerbate, they deserve no sympathy when their victims take peaceful remedies into their own hands.
Kinda_Quixotic on
There’s a difference between wealth and income.
In the US, wealth is *much* more skewed than income.
What would make the Billionaires laugh their asses off, is if the US enacted a bunch of taxes on income and not on wealth. We’ll make it less lucrative to be a Doctor, Dentist, or Software Engineer, without affecting the people who actually own everything.
Note: I’m not opposed to this tax… just to the idea that we should address inequality by making it more financially ridiculous to become a Dr etc.
ContemptAndHumble on
The folks making over $300k? How much does this impact them and what percentage of them are over the percentage that makes less than that? I make okay money to live but that is an amount that is unimaginable amount to me.
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>*Coloradans voted Tuesday to increase taxes on wealthy households to fully fund free breakfast and lunch for all public school kids and bolster the federal Supplemental Nutrition Assistance Program, also known as SNAP or food stamps.*
>*The increased taxes on households earning at least $300,000 will shore up funding for free school meals for all public school children, provide raises for school meal staff, and support school district efforts to buy locally-sourced food.*
>*Any leftover funding will go toward new state costs for administering the SNAP program as a result of cuts enacted by the Trump administration and Republicans in Congress earlier this year.*
So taxing the rich? I’m all for it! And if you make 300k a year I’m sure it’s not a huge deficit
This is the new federalism. After the Republicans gut the federal welfare system, some states will fund their safety nets, some will not. There will be a lot of suffering and displacement, but the dream of being „business friendly“ enough to compete with South Asia for labor prices is bound to fail.
MAGA thinks that living in a billionaires‘ slave state with no minimum wage and no healthcare iis, „capitalism“ and keeping Americans alive by by putting insignificant taxes on Elon Musk’s $500,000,000,000 is „communist Marxist socialist fascism“ and destroys our Christian values
Its astounding to see how all these billionaires are mad at just 2% extra tax on profit. Dude, the amount of wealth you have, even your 14th generation won’t be able to spend it in their lifetime.
Though I’m all for taxing the rich, this affects high w2 earners the most – doctors, lawyers, engineers. This is the highest taxed (by percentage) group in the US. This doesn’t tax the uber wealthy that have such an elaborate way to avoid paying their fair share.
Decent start, but a lot more needs to be done. They should really be implementing this tax on every person and/or household that brings in 100k+. We need to be taxing all of the rich, not just the ultra wealthy.
I wasn’t surprised. Not only does the state get bluer every year, but the ballot had a little table printed on it that broke down who was and wasn’t getting taxed extra and how much the extra tax would be. It’s a little less than $500 extra if you’re making over $300K/year. It also helps that the free school breakfasts and lunches have been popular.
What is interesting is that the „Yes“ votes are leading in parts of our Trump country. Weld is currently at Yes but the margin is so tight it could go either way at this point. But Pueblo, Mesa, and El Paso are all at Yes and likely to stay there. My take home is you can convince people to tax the rich for the greater good if 1) that greater good is something obvious and 2) you break it down for them.
Feeding children should be a priority regardless of your political affiliation.
More than half the people I talk to still refuse to understand that increasing taxes on the rich in a marginal tax system isn’t going to ruin them.
Queue Fox News trying to convince 7 year-olds that their school lunches don’t taste as good because they “didn’t earn it.”
Happy I could vote for this. 🙂
When will they do something for poor people who aren’t kids?
Households earning 300k?! That’s not that much. 100k gets you comfortable in a few areas so I hope this is reflective of the average income in Colorado.
> 57% of the votes counted were in support of the measure and 43% were opposed.
>The change will affect an estimated 200,000 households, or about 6% of households filing taxes in Colorado.
>The new funding from Proposition MM will ensure meals continue to be provided to all Colorado school children.
So many stupid people.
Elon Musk could gift to every single American resident $1,000 and still be like the 8th richest person on the planet.
That’s unnatural, and I bear true hatred for anyone who has so much and yet chooses to not help the rest of the world in any effective way.
If they won’t save us from problems they exacerbate, they deserve no sympathy when their victims take peaceful remedies into their own hands.
There’s a difference between wealth and income.
In the US, wealth is *much* more skewed than income.
What would make the Billionaires laugh their asses off, is if the US enacted a bunch of taxes on income and not on wealth. We’ll make it less lucrative to be a Doctor, Dentist, or Software Engineer, without affecting the people who actually own everything.
Note: I’m not opposed to this tax… just to the idea that we should address inequality by making it more financially ridiculous to become a Dr etc.
The folks making over $300k? How much does this impact them and what percentage of them are over the percentage that makes less than that? I make okay money to live but that is an amount that is unimaginable amount to me.