‘Tis the season for the DVR in our house. Political ads are back in Colorado, including ones making wildly exaggerated promises about Amendment 66. You know, the billion-dollar statewide tax increase allegedly “for the kids.” Thankfully, some local TV journalists have been willing to look under the hood of the Rube Goldberg proposal and call out the misleading rhetoric.
Well, I’m too young for my own TV spot, but little old Eddie wants to give it a try with this pro-66 flier being handed out in Greeley. Let me respond to some of the points in turn:
1. For Greeley-Evans taxpayers — $3 return on $1.
They’re referring to how much new revenue local schools will get for each new tax dollar area residents will pay. It’s certainly a better deal than a .62 return in Gunnison, a .59 return in Boulder County, a .56 return in Jefferson County, a .50 return in Douglas County, or a .20 return in Steamboat Springs. But it also means, taxpayers all across the rest of Weld County will be turning over more of their hard-earned funds to low-performing District 6.
2.Good schools are fundamental for our economic future
Who can disagree with that? Except more taxes and more funding for more of the same offers no guarantee of getting us there. Look at this stunning Cato Institute graph that shows the nation’s 40-year trend, or this chart from the new book Endangering Prosperity that draws a nearly flat-line ZERO correlation for states between funding increases and improved test scores. Continue Reading »