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Colorado's Proposition 132 in Focus Ahead of Election Day
Original: Breaking down Prop 132 ahead of Election Day
Voters in Colorado are weighing Proposition 132, a ballot measure that would reduce the state income tax rate from 4.4 percent to 3.5 percent. Supporters say the cut would save households money, while opponents warn it could leave a large hole in the state budget, affecting funding for schools and other public services. Local media are breaking down the proposal ahead of Election Day.
Why now: Colorado voters are deciding the income tax measure in an upcoming election.
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