Overshadowed by the Biden/Trump hoopla this election cycle is a major initiative on the Nov. 3 ballot that should not be overlooked. In fact, its success or failure will have a dramatic impact on the fiscal solvency of the state moving forward.

The ballot initiative will ask voters whether the state should scrap it’s flat income tax rate, where everyone pays the same tax regardless of income, or move to a gradual structure where individuals who make over $250,000 will pay more in taxes. Additionally, any individual making below that will either pay the same or less.