No in Douglas County 1a;  Allow Expiring Space Tax Opening - Complete Colorado - Page Two

No in Douglas County 1a; Allow Expiring Space Tax Opening – Complete Colorado – Page Two

Right here comes the Douglas County authorities asking for extra taxpayer cash on November eighth. This time Douglas County needs to increase the open area gross sales tax for an additional 15 years to boost a minimum of $300 million by Model 1A. Present regulation requires the open area gross sales tax to run out in January 2024, so this 15-year extension of the tax is already a tax improve. Notice that the native authorities by no means permits these taxes to truly finish, they usually all the time need an extension. Douglas County simply requested voters to increase the Justice Heart gross sales tax for an additional 15 years in 2019.

Because the approval of the open area gross sales tax in 1994, the inhabitants of Douglas County has elevated from 108,000 to 373,500 in 2021 or 3.5 instances. Nonetheless, in the identical time-frame, the open area gross sales tax collected grew from $2.5 million in 1995 to $16.9 million in 2021 which is a 6.7 instances improve. And Douglas County remains to be not glad and nonetheless needs extra money.

Now could be a nasty time to boost and broaden county gross sales taxes as a result of greater retail grocery costs, greater gasoline costs, an anticipated financial recession, and inflation at its highest ranges in a number of many years. Additionally in 2023, the Douglas County authorities will assess the worth of houses and actual property increments by 30% to 50%, which implies property taxes will improve by 30% to 50%. Voters mustn’t improve the tax burden by extending this excise tax.

Different causes to oppose the extension of the open area gross sales tax in Douglas County:

  • A 15-year extension is simply too lengthy Extension of gross sales tax for an additional 15 years, which is simply too lengthy and the wants and priorities of the county will change over the following 15 years.
  • Douglas County already has a whole lot of open area sPace Douglas County already has 63,000 acres of open land which represents 16% of the whole space in Douglas County (394,000 acres) excluding the Pike Nationwide Forest.
  • Use extra earnings tax methods to get land donations – Native land homeowners can donate land to the county for open area and get substantial tax deductions for earnings tax and property tax utilizing land trusts, conservation trusts, and easements, that are good, cutting-edge and progressive reward applied sciences for land donations. There are options to easily growing taxes.
  • Cities and cities in Douglas County have already got taxes put aside for parks and open areas The county will share 20% of this tax with cities and cities, however most cities and cities have already got their very own budgets for parks and open areas (City of Parker has a 0.5% gross sales tax earmarked for parks and recreation).
  • The federal government doesn’t pay any taxes on land with open area – The open area is crossed off the tax rolls which implies we are going to all be required to pay greater taxes to make up for this shortfall. Due to this fact, it turns into a double tax.
  • Regressive gross sales taxes – Gross sales taxes are regressive taxes which implies they harm the bottom rungs of the financial ladder essentially the most. Gross sales taxes are further taxes on fundamental requirements that folks want like rest room paper and diapers.
  • Larger and better taxes must be the final resort The county must be tighter with its spending, like most households and small companies must be tight with their cash.

Douglas County will not cease asking for extra money until voters cease it. Vote “No” to Query 1a.

George Allen is an authorized public accountant primarily based in Douglas County.

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