Measure 2A removed property tax revenue limitations imposed by Colorado’s Taxpayer Bill of Rights (TABOR), resulting in a forever and unlimited tax increase for Denver property owners. As an added poke in the eye, 2A also made permanent a temporary lifting of TABOR restrictions on city sales taxes that would otherwise expire in 2014.

"There is no limit to how much the City will collect through this tax increase. When property values go up, so will the tax revenue generated. The City ignored its task force by asking for higher taxes with no ceiling, prior to reducing expenses."

Homeowners have no control over a hot real-estate market, but if their incomes aren’t rising, too, the resulting tax bite could be painful. And yet 2A caps the growth of property tax revenues only until the city reclaims the full 6.2 mills that it intends to de-Bruce. After that, tax collections could spike, with no relief in sight and no sunset provision on the measure.