If you follow politics at all, I am sure that by this point you’ve likely heard about the ProPublica article on Jared Polis’ not paying income tax. As much as I enjoy seeing a politician whose policy I object to being called out in the press, part of that glee was tempered by a distaste […]
taxes
Posted inNews, Politics and Government
Colorado voters will decide whether to further decrease the state income tax rate
Colorado voters will decide next year whether to further reduce the state’s income tax rate. The Colorado Secretary of State’s Office said Thursday that supporters of Initiative 31 collected enough signatures to get their question before voters in 2022. They needed at least 124,632 signatures to qualify for the ballot. The measure is being pushed […]
Posted inOpinion, Opinion Columns
Littwin: It was a very bad week for Jared Polis. Should that mean anything for Dems in 2022?
In case you haven’t noticed, it has not been a particularly good week for Jared Polis. Let us count the ways. ProPublica published an article the other day about rich-guy politicians paying little to no federal tax and cited Polis — who has called for an elimination of the state income tax — as its […]
Posted inEducation, News, Politics and Government
Proposition 119, which would have raised Colorado marijuana taxes to pay for out-of-school learning, fails
Colorado voters on Tuesday rejected a proposal to increase taxes on recreational marijuana to pay for out-of-school support services for students like tutoring and therapy. Supporters of Proposition 119 admitted defeat at about 8:30 p.m. With more than a million ballots counted at 10 p.m., the measure was failing with 54% rejecting the initiative and […]
Posted inBusiness, Economy, Housing, News, Politics and Government
Colorado lawmakers shelve proposal to more than triple property taxes for short-term rentals
A group of state lawmakers Wednesday spiked an effort to change the property taxation formula for short-term rentals in Colorado, underscoring the political touchiness of the topic sparking regulatory debate across the state. In a 5-1 vote, the Legislative Oversight Committee Concerning Tax Policy rejected an effort to advance a draft bill that would have […]
Posted inCrime and Courts, News, Politics and Government
Denver judge dismisses lawsuit seeking to invalidate votes cast for Amendment 78
A Denver judge Thursday dismissed a lawsuit seeking to invalidate any votes cast in the November election for Amendment 78, leaving the plaintiffs with scant time to appeal before Election Day. Judge J. Eric Elliff found that Bell Policy Center Executive Director Scott Wasserman and Summit County Commissioner Tamara Pogue, who filed the legal action […]
Posted inOpinion, Opinion Columns
Zornio: Colorado’s 2021 elections are too important to skip. Here are my picks
It’s the best time of year in Colorado: yellowing aspens, cool mountain air and ballots arriving effortlessly by mail. As a state, we feature one of the most robust vote-by-mail systems in the nation. Regrettably, off-cycle elections can still see a drop in turnout, and sometimes lead to changes that may not otherwise reflect the […]
Posted inHousing, News, Politics and Government
Property taxes would more than triple for Colorado short-term rental owners under statehouse proposal
Property taxes on short-term rental properties in Colorado would more than triple under a bill drafted by state lawmakers that comes as communities from Durango to Denver grapple with surging numbers of vacation rentals. The proposal would tax vacation homes like hotels and motels, which are subject to a higher assessment, on the days they […]
Posted inEducation, News, Politics and Government
Proposition 119: Colorado voters will decide whether to raise marijuana taxes to pay for out-of-school learning
Colorado voters will decide next month whether to raise taxes on recreational marijuana to help fund a new state program aimed at providing Colorado students with out-of-school learning opportunities. The program, called Learning Enrichment and Academic Progress, or LEAP, would pay service providers, like private tutoring companies or even public school teachers looking for extra […]
Posted inEconomy, Growth, Housing, News, Politics and Government
Proposition 120: Voters will decide if Colorado property taxes will go down — at least for some
Colorado’s residential property taxes are already among the nation’s lowest, but a measure on the 2021 statewide ballot would drop them ever lower — for some. Proposition 120 would, if approved by voters, reduce the property tax assessment rates for multifamily housing to 6.5% from 7.15% starting in 2022. If you owned affected property valued […]