Colorado voters roundly rejected a ballot proposal to temporarily raise state income and sales taxes to help boost public education, a defeat political analysts said was no surprise given the weak economy.
Proposition 103, aimed at generating $2.9 billion over the next five years, lost by a nearly 2-to-1 margin on Tuesday in what was the highest-profile tax measure up for a vote in the current off-year election cycle.
The outcome was being watched closely on Wednesday as an indication of voter sentiment on taxes in a key battleground state for the 2012 presidential race.
"For something like this to pass, all of the stars need to be in alignment, and for this one (proponents) had none of the stars," independent political analyst Eric Sondermann said.
Sondermann said backers of Proposition 103 faced an uphill battle not only because of a weak economy but also from a lack of strong financial backing or bipartisan political support.