$1 Billion Annual Savings: Advance Colorado Campaigns for 4% Property Tax Revenue Growth Limit and Cuts

Advance Colorado campaigns to limit property tax revenue growth to 4 percent annually and cut property taxes to alleviate homeowners concerns about high taxes led by president Michael Fields advocating for stricter tax reforms.

Advance Colorado Campaigns to Limit Property Tax Revenue Growth and Cut Taxes

May plans to save over $1 billion annually by reducing property tax rates and limiting growth to ease the burden on homeowners, according to the report of Planta Libre.

However, some residents are still unhappy. The conservative group Advance Colorado has launched a campaign to limit property tax revenue growth to 4 percent annually. They are also collecting signatures for another initiative to cut property taxes.

READ ALSO: Mayor Eric Adams Announces 16.2% Pay Increase And Bonuses: Over 2,300 New York City Hospital System Doctors-In-Training To Receive Salary Boost

Photo from google

Michael Fields Advocates for Stricter Tax Reforms Amid Residents’ Fears of Losing Homes

Michael Fields, president of Advance Colorado, explains, “People think this growth is too much; the government doesn’t need that much money.” He highlights residents fears of losing their homes due to high taxes, pushing for more stringent tax reforms.

Furthermore, Michael Fields, president of Advance Colorado, explains, “People think this growth is too much; the government doesn’t need that much money.” He highlights residents’ fears of losing their homes due to high taxes, pushing for more stringent tax reforms.

READ ALSO: Australia Commits AU$23 Billion To Clean Energy: Green Hydrogen, Critical Minerals, And Innovation Fund Leading The Charge