Colo. gov proposes sales tax on soda, online sales
DENVER (AP) - Facing an expected $1 billion shortfall in next
year's budget, Colorado Gov. Bill Ritter is proposing a 4.6 percent
cut in education spending and charging sales tax on items including
candy and soda and online purchases.
Under a plan submitted to state lawmakers Friday, kindergarten
through 12th grade schools would get $260 million less than they're
getting this year.
Schools wouldn't get another $184.6 million because of a change
in the way their annual mandatory increase is calculated under
Amendment 23. The voter-approved amendment has largely protected
education from deep cuts during the recession.
State workers would have to pick up the state's share of their
pension contribution - 2.5 percent of their salary - for a year to
save $20.1 million.
11/06/09 18:40
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