Colorado Election Updates: Keep track of Proposition 103
By Al Ortiz
Stay up to date on Proposition 103 as Ballotpedia will update results here.
Although not all precincts have reported numbers, The Denver Post has declared the measure as being rejected by voters due to a large margin between "yes" and "no" votes as of 8:02 p.m. MST.
Proposition 103 is the only measure on Colorado's ballot this year, and proposes to increase the state income and sales tax. Specifically, it would increase the state income tax to 5 percent and the sales tax to 3 percent. Currently, the income tax is 4.63 percent and the sales tax is 2.9 percent.
The revenue generated from the tax increase would be used to help fund education in the state.
- Colorado Sales and Income Tax Increase Initiative, Proposition 103 (2011)
- Colorado 2012 ballot measures
- Colorado General Assembly
- 2012 ballot measures