President (To Win Colorado)
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(D) Kamala Harris
(R) Donald Trump
80%
20%
CO-01 (Denver)
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(D) Diana DeGette*
(R) V. Archuleta
98%
2%
CO-02 (Boulder-ish)
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(D) Joe Neguse*
(R) Marshall Dawson
95%
5%
CO-03 (West & Southern CO)
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(D) Adam Frisch
(R) Jeff Hurd
50%
50%
CO-04 (Northeast-ish Colorado)
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(R) Lauren Boebert
(D) Trisha Calvarese
90%
10%
CO-05 (Colorado Springs)
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(R) Jeff Crank
(D) River Gassen
80%
20%
CO-06 (Aurora)
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(D) Jason Crow*
(R) John Fabbricatore
90%
10%
CO-07 (Jefferson County)
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(D) B. Pettersen
(R) Sergei Matveyuk
90%
10%
CO-08 (Northern Colo.)
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(D) Yadira Caraveo
(R) Gabe Evans
70%↑
30%
State Senate Majority
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DEMOCRATS
REPUBLICANS
80%
20%
State House Majority
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DEMOCRATS
REPUBLICANS
95%
5%
October 31, 2023 10:38 AM UTC
6 Comments
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Since it's Halloween, I'll guess the scare tactics against HH will prove effective. Ooga-booga, it's the bloody death of TABOR, kids!!!! But I hope I'm wrong.
There should be an IDK choice
That would defeat the purpose of this exercise.
I’m just going to follow CHB’s advice on this one and vote for it although I suspect that most folks will do a Dave Barnes, think it is too hard to understand, and vote “No.”
Broadly stated, HH will positively impact homeowners, and housing estimates are that 66% of the households own rather than rent. The bigger the house value, the bigger the positive impact.
It will also offer a sizeable benefit to those who are over 65 and occupied their property for over 10 years, making the tax abatement benefit transferrable if the homeowner wants to move to a different property.
It does next to nothing for those who do NOT own homes. I've now heard a few optimists arguing that with the "transferrable" tax benefit, more homes will come on the market and that could make the purchase of a house easier. I've yet to understand how a household selling a "too large" house and buying a "smaller house" and maintaining the tax benefit will impact the size of the housing market.
Using the calculator [ https://hhcalc.apps.coleg.gov/calculators ] and approximate values, I find I am estimated to have a benefit in 2024: Net Benefit: $312 . My younger neighbors' approximation, with a slightly more valuable house and my guess about their greater income, also comes out ahead: 2024 Net Benefit: $223.
My take — we'd be better off with going back to the drawing board and getting rid of TABOR, and moving to a more progressive approach to taxation. But that may not be doable.
As a renter, my HH 2023 benefit will be $60 and -$43 in 2024, because I'd get less of a Tabor refund. Nevertheless, I'll vote for it as a de-Brucing step.