by Fred Holden
Independence Institute
July 17, 2003
TABOR (the Taxpayer's Bill of Rights) is a tax-and-spending limitation by constitutional amendment. TABOR, which was passed in 1992, can be found in Article X, Section 20, of the Colorado Constitution. TABOR's stated mission is to "reasonably restrain most the growth of government." It allows only those tax rate increases approved by voters; while fees are not directly restricted, state government spending is limited to growth of Colorado's population-plus-inflation in the prior year. Colorado has in TABOR the strictest tax-and-spending limitation of the 50 states. This paper analyzes TABOR's effect on Colorado, contrasting taxing and spending before and after enactment of TABOR. Ten fiscal years have passed since 1992; this analysis compares ten years of TABOR performance to the preceding ten years.

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