Board Passes Resolution Supporting Fair Tax

At its May 26 special meeting, the Englewood Schools Board of Education passed a resolution in support of ballot initiative 271, Fair Tax Colorado. 

Part of the resolution reads: 

"...Fair Tax Colorado will create a tiered tax structure where:

  • 100% of Coloradans receive a tax cut on the first $250,000 in taxable income as it lowers the current 4.63 percent tax to 4.58 percent.
  • 50% of revenue raised is dedicated to pre-primary through twelfth grade education.
  • Taxpayers across all income levels will pay a more equal portion of their income in state and local taxes."

Read the full resolution here.

Learn more about Initiative 271 - Fair Tax Colorado at this website.