Mixed reaction greets Colorado vote in Oklahoma

OKLAHOMA CITY (AP) -- Colorado&#39;s vote to suspend its taxpayer bill of rights for five years is drawing mixed reaction in Oklahoma.<br/><br/>Supporters of the issue -- known as TABOR -- are pushing

Thursday, November 3rd 2005, 5:41 am

By: News On 6


OKLAHOMA CITY (AP) -- Colorado's vote to suspend its taxpayer bill of rights for five years is drawing mixed reaction in Oklahoma.

Supporters of the issue -- known as TABOR -- are pushing an initiative petition to enact TABOR in Oklahoma.

Colorado voters decided by a 52 percent margin to suspend TABOR for five years. Voters will give up $3.7-billion in tax cuts to shore up education and health care, which had suffered revenue reductions after the 2001 recession.

Democratic Senator Stratton Taylor says TABOR may look good at first glance, but Colorado voters have decided to take a second look.

But TABOR supporters in Oklahoma say safeguards will protect against the Colorado experience. The measure would limit spending increases to population growth and inflation.
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