Initiative 195 would change Colorado from a flat tax to a graduated tax structure.  This means higher income earners would pay a larger % of their income in taxes.  State Senator Barb Kirkmyer says not so fast, there is a lot of wiggle room in this initiative that can lead to much of Colorado paying higher taxes.  She joins Jeff and Bill to walk you through how your tax bill can increase even if you are in the bottom 50% of earners in Colorado and how the excess revenue will be a slush fund for those in charge.