Initiative 306 would reduce state tax revenues by more than $300 million in the next two fiscal years just as the state budget is crunched by the coronavirus
TABOR repeal is off the table for 2020. Now it’s Initiative 271, a $2 billion tax hike targeting the wealthyBy John Frank Politics and Government Primary category in which blog post is published
For the first time, TABOR triggers an income tax rate cut. Here’s how much you can save on 2019 taxes.By John Frank Politics and Government Primary category in which blog post is published
The Democratic governor remains committed to the idea but says he needs time to work on it “over the next year”
The $400 billion federal tax cut for pass-through businesses is where Polis hopes to find money to deliver a broader income tax cut in Colorado. But even Democratic lawmakers are concerned.
The debate comes as a new report shows the gap between the effective tax rates of the rich and poor has grown wider in Colorado.