10.26.2005

Geronimo!

Denver mayor jumps out of plane over the state's falling economic fortunes...Mayor John Hickenlooper was actually wearing a parachute at the time, but a point was to be made. AP reports on Colorado's upcoming vote on relaxing the state's Taxpayer's Bill of Rights (TABOR), the constitutional amendment which limits tax and spending increases by linking them to inflation and population. Since Colorado's economy hit a recession in 2001, lawmakers deeply carved into the state's health and education spending for much of the mandated $1.1 billion in cuts over three years. This prompted proposals easing the tax caps. Polls report a pretty even split among voters, with the 'undecided' becoming the drop zone for the fierce and sometimes theatrical campaigners.

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