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Amendment 66 results: Income tax hike loses big
DENVER -- Amendment 66, a major overhaul of education financing that would have provided nearly $1 billion in additional revenue for Colorado schools, was resoundingly defeated Tuesday night, as voters were unwilling to approve the two-tiered income tax necessary to fund the reform model. The first batch of returns from the Secretary of State's office, released just after polls closed at 7 p.m., showed the measure losing by a two-to-one margin.