Colorado: Citizens vote down tax increases
In what could be a harbinger of the 2012 election, Colorado voters Tuesday overwhelmingly rejected a measure that would have raised nearly $3 billion for education by temporarily increasing state income, sales and use taxes. With 59% of the projected vote counted, Proposition 103 was trailing 65% to 35%, the Associated Press reported. The debate over the measure closely mirrored recent rancor in Washington over the question of whether more spending will revive a moribund economy or slow down a nascent recovery.