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Colorado Measure 4, Graduated Income Tax Initiative (1932)
| Colorado Measure 4 | |
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| Election date |
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| Topic Income taxes and Tax and revenue administration |
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| Status |
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| Type Initiated constitutional amendment |
Origin |
Colorado Measure 4 was on the ballot as an initiated constitutional amendment in Colorado on November 8, 1932. It was defeated.
A “yes” vote supported authorizing graduated or proportional income taxation with exemptions, capping direct property tax at two mills, and apportioning any excess income tax revenue to public schools. |
A “no” vote opposed authorizing graduated or proportional income taxation with exemptions, capping direct property tax at two mills, and apportioning any excess income tax revenue to public schools. |
Election results
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Colorado Measure 4 |
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| Result | Votes | Percentage | ||
| Yes | 85,573 | 27.49% | ||
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225,713 | 72.51% | ||
Text of measure
Ballot title
The ballot title for Measure 4 was as follows:
| “ | An Act to amend Sec. 3 of Art. XV of the State Constitution concerning the General Assembly to provide for graduated and/or proportional income taxes and exemptions; Providing the limitation of direct property tax for state purposes and providing the excess revenue apportioned to the public schools. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
In Colorado, proponents needed to collect a number of signatures for an initiated constitutional amendment.
See also
External links
Footnotes
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State of Colorado Denver (capital) |
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