Proponents of an initiative on the November ballot to lower the state income tax rate by less than 1% say the measure will allow Coloradans to keep more of their money.

But Caroline Nutter, tax policy analyst with Colorado Fiscal Institute, said Proposition 121 will end up taking money out of the pockets of Coloradans who earn less than $91,000 annually by reducing their TABOR refunds.

"So really this isn't benefiting people that are struggling," Nutter said. "And it's actually going to contribute to service cuts that will probably make their lives a lot harder."

If approved by voters, Prop. 121 would reduce state revenues by $413-million next year. During economic downturns, when TABOR refunds are no longer available, Nutter said lost revenue is likely to mean cuts in public schools, health care, human services and the state's corrections system. Backers of 121 said services would not take a hit for the next three years.

Nutter said corporations, and the state's 1% of earners - 99% of whom are white - would pocket half of all projected money saved in the tax cut. She said people earning $1-million a year would save $1,500, while the vast majority of Coloradans would see their tax bill go down by just $63. She believes 121 would disproportionately harm workers of color.

"Coloradans of color are much more likely to make under $91,000 a year," Nutter said. "And so Proposition 121 actually exacerbates some of the racial inequality in our tax code."

Proponents of across-the-board tax cuts also said it will make Colorado more competitive with states including Arizona and Wyoming with lower income tax rates. Nutter argues people are not moving to Colorado for tax cuts, they're coming because it has a strong economy and good quality of life.

"We're doing better in terms of our state GDP compared to Arizona and Wyoming because of the investments that we've made using public dollars," she said. "It's because of credits that we give to job creators, our parks and our recreation system."

The world's richest 1% took home almost twice as much wealth as the bottom 99% combined during the pandemic, according to a new Oxfam International report.

Morris Pearl, chair of the group Patriotic Millionaires, said current tax codes are not cutting it anymore. The rich keep getting richer while people who work for a living are making daily sacrifices on essentials such as food, which is not good for families, or for investors who want to make money.

"Because money does not trickle down, money trickles up," Pearl pointed out. "As people pay their bills, for their iPhone and their rent every single month, that is how rich people make money and get richer. And if people don't have enough money to do that, that's not good for any of us."

The report said a 5% tax on the world's multimillionaires could raise enough money to lift 2 billion people out of poverty. Wyoming tax codes are pointed in the opposite direction. The state does not tax corporate or individual income. Wyoming has a higher sales tax, which falls hardest on low-wage earners, than at least forty other states. And only eleven states collect lower property taxes.

While families in Wyoming struggled with rising gas and grocery prices, the report found profits for 95 top energy and food corporations more than doubled in 2022, with 84% of those gains going directly into the pockets of wealthy shareholders.

Pearl argued people who earn their living by working for wages, with taxes taken right out of their paychecks, have been left behind.

"The system is rigged against them, and we have to unrig the system," Pearl stressed. "We have to change the system so they are not holding the bag for everything that the government needs to do. And we need to make the rich pay some of the taxes too."

Three-quarters of the world's governments plan on making nearly 8 trillion dollars in cuts to public-sector funding, including health care and education, over the next five years.

Pearl noted taxes make it possible to provide for the nation's common defense, hire firefighters and police, and build schools, hospitals and highways.

"And things like that have, for the history of this nation, been done by people putting their resources together, and doing things together that they just can't each do individually by themselves," Pearl added.

January is Human Trafficking Awareness Month and Iowa is working to address the problem by educating businesses about the potential signs and dangers.

Although officials say it is hard to pinpoint exact numbers, the frequency of reported trafficking cases is on the rise. Half of the calls to a human trafficking hotline are reports from minors asking for help.

Iowa Secretary of State Paul Pate has enlisted businesses in an aggressive awareness campaign. He said because they come into contact with so many people every day, they can often be the first line of defense.

"They have eyes and ears everywhere," said Pate. "The idea that they can reach out to their own employees - so they, too, can be watching for trafficking and they, too, can help prevent it, or intervene - or whether it be their customer base, how many people a typical business might interact with in a day."

Pate said fast-food restaurants, gas stations and truck stops are especially important partners because they're so busy.

Iowa started the new year with 600 businesses as part of the coalition to combat trafficking, and Pate said he hopes to grow that number.

Pate's office also runs a confidential program for survivors of sex trafficking, domestic violence, assault and stalking.

Teresa Davidson, CEO of the Cedar Rapids-based anti-trafficking group Chains Interrupted, said when a person is recruited into a trafficking operation, it can be very hard for them to get out.

"First, they have to recognize that they are being exploited," said Davidson, "because so many times, human trafficking is manipulation and coercion, and they don't even realize that they're a victim. They think that they're in a relationship and that this is a partnership."

The group is having a webinar for businesses January 17 at 10 a.m.

Davidson says nationally, 74% of trafficking victims report having been in the foster-care system. She said the problem touches all 50 states and continues to grow.

Some Nebraska judges are failing to follow state laws related to cash bail, court fees and court fines, according to a two-year study in Douglas and Lancaster counties.

The report by the ACLU of Nebraska found defendants are not always being asked about their ability to pay bail and court costs, nor are they being informed of alternatives if lacking the funds.

Sam Petto, communications director for the ACLU of Nebraska, said they noticed issues in about 40% of the cases they observed. He pointed out cash bail disproportionately affects lower-income Nebraskans and is, ultimately, a type of "debtor's prison."

"So, if you imagine someone with the exact same circumstance, charge, etc., and they just have an extra thousand dollars in a bank account, that person might be back out in the community at their job, with the support structure they need - while the other person sits in jail."

Petto also mentioned the "collateral consequences" when someone who can't afford to pay bail or fees spends time behind bars from losing a job, to not being able to arrange child care or fulfill caregiving responsibilities. The report recommendations include "bench cards" for judges, with specifics related to bail and fees, and legislative action including eliminating cash bail.

Petto noted the 2017 Nebraska bail reform law was aimed at keeping people charged with nonviolent crimes from spending time in jail due to their inability to pay for bail and fines.

"And many Nebraskans do not know that they have the right to say, 'Hey, I can't afford that,' or to request things like a payment plan, community service, or having the judge entirely waive that fee or fine," Petto outlined.

The study also found the largest number of people in jail in Douglas and Lancaster counties were there on a pretrial basis, with persons of color significantly overrepresented. Petto explained in addition to the human cost, the current system plays a large role in the overstressed status of Nebraska jails.