The legislature passed a bill in 2021 allowing Coloradans to defer payment on any increase in their property tax bill over 4% by making it a lien against their home
Gov. Jared Polis wants to eliminate Colorado’s income tax, but as wealth disparities grow it’s not fair to reduce taxes on the state’s top earners
A proposed ballot initiative for 2023 would impose a fee on all real estate deals to fund affordable housing
Colorado’s Western Slope communities could generate about $40 million in new tax revenue from vacation rentals to support affordable housing
Proposition 123 will set aside up to 0.1% of taxable income each year for affordable housing. That’s estimated to be $145 million in the current fiscal year — which ends June 30, 2023 — and $290 million in 2023-24 and subsequent fiscal years.
Repairs should be paid for the same way street repairs are paid for — with public funds.
The Taxpayer’s Bill of Rights has long provoked political tension, and this election year is proving no different, thanks to a larger-than-usual mandatory refund. But once again, politics is getting in the way of healthy policy discussion. So let’s first put in context the politics, and then consider what actually matters. The political games began […]
Colorado has paid back 87% of the $1 billion it borrowed from the federal government to provide out-of-work Coloradans unemployment benefits during the pandemic. As of this week, the outstanding balance was $133.1 million. There’s still a way to go to get the depleted unemployment insurance trust fund healthy again. But with Colorado’s strong job […]
The lawmakers who write Colorado’s budget are preparing to pare back some capital projects in the coming months as they contend with inflation straining a budget capped by the state’s Taxpayer’s Bill of Rights. The TABOR cap, a key component of Colorado’s 1992 constitutional amendment limiting government growth and spending, is calculated by adding together […]
Heidi Ganahl, the Republican gubernatorial nominee, is campaigning on a bold promise to eliminate Colorado’s 4.55% individual income tax, the largest source of revenue for the state’s general fund, during her first four-year term. “I will take us to zero income tax,” she told Republican voters during a candidate forum in April. But Ganahl, a […]