Guaranteed Income proposals withdrawn after deal with Independence Institute

Guaranteed Income proposals withdrawn after deal with Independence Institute

DENVER — Two Denver-area activists hoping to test out the guaranteed income theory have withdrawn their initiatives from the November ballot in an agreement with Jon Caldara and the Independence Institute*.

In February, Kevin Neal Patterson II, the son of Connect for Health Colorado Chief Executive officer Kevin Patterson, and Eric Leveridge, a policy analyst for United for a New Economy (UNE), filed more than a dozen ballot proposals hoping to change the state’s constitution so that those earning above $300,000 per year would pay a much higher state income tax.

Revenue from that tax increase would have been redistributed to […]

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