Bill Owens on Tax Reform

Republican CO Governor

Has cut income taxes, sales tax, & marriage penalty

Coloradans today are paying nearly a billion dollars less in taxes annually than they were two years ago. We have permanently cut the income tax rate - twice - while also permanently lowering the sales tax rate. These cuts of the income and sales taxes accounted for 86% of the permanent tax relief taxpayers received from their legislature and their governor.

In addition, we have eliminated the marriage penalty, lowered vehicle registration fees, increased the elderly pension exclusion, and provided an income tax credit for long-term care insurance - all while we have twice increased the earned income tax credit for low-income Coloradans.

This tax relief was broad-based, fair, and good for all Coloradans. I worked hard for this tax relief because I firmly believe that this is the peopleís money. They earned it. We did not. Coloradans should be given the opportunity to save, invest or spend those dollars, because it is their money - not ours.

Source: State of the State Address to Colorado legislature Jan 11, 2001

No national sales tax or VAT.

Owens adopted the National Governors Association policy:

Source: NGA Executive Committee Policy Statement EC-9 00-NGA1 on Feb 15, 2000

Other governors on Tax Reform: Bill Owens on other issues:
AK Frank Murkowski
AL Bob Riley
AR Mike Huckabee
AZ Janet Napolitano
CA Arnold Schwarzenegger
CO Bill Owens
CT Jodi Rell
DE Ruth Ann Minner
FL Jeb Bush
GA Sonny Perdue
HI Linda Lingle
IA Tom Vilsack
ID Dirk Kempthorne
IL Rod Blagojevich
IN Mitch Daniels
KS Kathleen Sebelius
KY Ernie Fletcher
LA Kathleen Blanco
MA Mitt Romney
MD Bob Ehrlich
ME John Baldacci
MI Jennifer Granholm
MN Tim Pawlenty
MO Matt Blunt
MS Haley Barbour
MT Brian Schweitzer
NC Mike Easley
ND John Hoeven
NE Dave Heineman
NH John Lynch
NJ Jon Corzine
NM Bill Richardson
NV Kenny Guinn
NY George Pataki
OH Bob Taft
OK Brad Henry
OR Ted Kulongoski
PA Ed Rendell
RI Don Carcieri
SC Mark Sanford
SD Mike Rounds
TN Phil Bredesen
TX Rick Perry
UT Jon Huntsman
VA Tim Kaine
VT Jim Douglas
WA Christine Gregoire
WI Jim Doyle
WV Joe Manchin III
WY Dave Freudenthal
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