It isn’t very often that citizens are presented with the opportunity to lower their own taxes, but this November, the people of Colorado will have the chance to do just that. At the ballot box this year, Coloradans will be faced with Proposition 116, an initiative that would permanently lower both individual and corporate tax rates. Given the state’s relatively healthy financial state, it is positive to see legislators taking initiative to change the tax code to pass the benefits of alternative revenues on to the citizens in the form of tax cuts.

Earlier this week, Sen. Rand Paul (R-Ky.) appeared on ABC’s The View to talk about his new book, The Case Against Socialism. During the interview, Paul remarked that the “[m]ost people [who earn] below $50,000 don’t pay any income tax.” He added that the top 1 percent of income earners pay 40 percent of income taxes.

There has been much talk in recent weeks of marginal income tax rates. Although the far-left have, talked about a return to high marginal income tax rates for several years, Rep. Alexandria Ocasio-Cortez (D-N.Y.) recently renewed the conversation. The “democratic” socialist has called for a massive wealth redistribution, with a top marginal rate of 70 percent.

On Thursday, November 2, House Ways and Means Committee Chairman Kevin Brady (R-Texas) unveiled the Tax Cuts and Jobs Act, H.R. 1. On Friday, Chairman Brady released an amendment in the nature of a substitute (ANS) that made some changes to the original text. The bill is the first real attempt to overhaul and simplify the tax code since the Tax Reform Act of 1986. The release of the text and the amendment are also only the first steps in the process.

Personal Freedom and Prosperity 101: Personal PowerThe distinctive principle of Western social philosophy is individualism.It aims at the creation of a sphere in which the individual is free to think, to choose, and to act without being restrained by the interference of the social apparatus of coercion and oppression, the State. All the spiritual and material achievements of Western civilization were the result of the operation of this idea of liberty. —Ludwig von Mises

Barack Obama has yet again taken credit away from individual success and attributed it to the government, sending small business owners one simple message: “If you’ve got a business, you didn’t build that. Somebody else made that happen.” If this doesn’t further prove that Obama is unfit to lead a country based on the splendor of a free market system, then I’m at a loss as to what will.

Obama seems to have one goal in mind this election: creating an even greater gap between Republicans and Democrats. I must admit, he’s doing a great job of it, stoking class warfare and feeding the media and his supporters left-wing lies. Did you hear the GOP is nothing but a bunch of wealthy and corrupt people that have no interest in the good of the lower and middle class citizens?

During the nasty back-and-forth in the debt ceiling debate, inflamed rhetoric dominated discourse, and left reasonable debate trailing in the dust. Any opposition to a multi-billion dollar tax increase is seen as the artifact of a radical faction of Congress.