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Amendment 87 Campaign Claims Victory, Stating Tiered Income Tax System Will Offer ‘Relief’ to Coloradans Facing High Costs

Supporters said the measure would cut taxes for most Coloradans and raise about $2 billion a year for schools and health care.

  • Supporters of Amendment 87 declared victory on Thursday, November 5, 2026, citing a narrow lead in Colorado's tax code overhaul, though the Associated Press has not yet officially called the race.
  • Replacing Colorado's constitutional flat-tax requirement with a graduated system, the measure cuts income taxes for most Coloradans while raising rates for those earning above $500,000 annually.
  • Led by the Protect Colorado's Future Coalition, supporters overcame millions in opposition spending from the conservative group Advance Colorado and public criticism from Governor Jared Polis and Governor-elect Phil Weiser.
  • Revenue projections suggest the measure will generate $2 billion annually for healthcare, childcare, and K-12 education, potentially ending years of budget cuts that have strained government programs.
  • Taxation officials are already drafting updated withholding forms for the 2027 tax year, with final versions expected in the coming weeks to ensure compliance with the new structure.
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Axios broke the news in Arlington, United States on Thursday, November 5, 2026.
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