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.