Having moved to Colorado in 2003 from fiscally-messy Illinois, I can appreciate and support the desires of Colorado voters to have the final authority for approving all tax increases. And, I can firmly assert that the tax-approval right was the primary - and really only - reason voters passed TABOR. Everything else in the amendment is a hinderance to effective government and needs to change. The "everything else" refers to the revenue cap based on an obscure, arbitrary, and ultimately indefensible formula that mandates Colorado's government budget can only grow by inflation + population growth. Any revenue collected beyond that must be refunded to voters. Applying formulas to societies is simply ... irresponsible. We live in complex emergent systems which are far too malleable and intricate to reduce to a formula. Thus, I firmly believe that a majority of Coloradans would and should support an amending of the TABOR amendment to simply maintain voter-approval of taxes ... and that's it.
While the ideologues in the Republican party and unaffiliated libertarians will cry foul and rant conspiratorially about reckless and uncontrolled government, the rational people may have a chance for productive change by supporting the work of a bi-partisan, or non-partisan, lobbying group known as Building a Better Colorado. As the group prepares to float as many as three or four ballot initiatives this election year, the fix of TABOR is the most important one. Here's hoping the group - backed by many prominent Coloradan leaders can actually overhaul TABOR and truly Build a Better Colorado.