Sales tax on the ballot: Colorado election results 2024
(DENVER) — Voters in Denver and several other communities will be deciding on issues that could increase sales tax to fund various programs in their communities.
Proponents say that because these sales tax increases generally only amount to a few cents for every $10 spent they are worth it, however opponents see them as a burden on the people who are paying them and say they have an outsize impact on people with lower income.
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Denver ballot issues 2Q and 2R:
Issue 2Q, if passed, would raise $70 million annually by increasing sales tax by 0.34%. The money would go to Denver Health's primary medical care, drug and alcohol use recovery and pediatric care. This would add an additional 3.4 cents in sales tax for a $10 purchase.
Issue 2R, if passed, would raise $100 million annually by increasing sales tax by 0.5%. The money would go to building and providing affordable housing for rent and purchase and programs for reducing rent. This would add an additional five cents in sales tax for a $10 purchase.
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