Tag: Colorado Fiscal Institute
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Two business Denver groups throw support behind sales tax increases
Two prominent Denver entities representing business interests are backing a proposal to increase the sales tax in order to help fund the operations of Denver Health. One of the business groups also threw its support behind Mayor Mike Johnston’s push to also hike the city sales tax in order to fund “affordable housing.” All…
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Denver business groups quiet on proposed sales tax increases
Editor’s Note: This story has been update to reflect the positions of the Metro Denver Chamber of Commerce, which decided to support one sales tax rate increase proposal, and the Downtown Denver Partnership, which is now backing both tax hikes, in the time between initial interviews and this story’s publication. Denver voters will decide the…
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Colorado lawmakers reject bill to ban oil and gas drilling by 2030
A panel of Colorado lawmakers on Thursday night rejected legislation that sought to ban all new oil and gas drilling in Colorado by 2030. Senate Bill 24-159 would have mandated the Colorado Energy & Carbon Management Commission to adopt rules on ceasing the issuance of new oil and gas permits before Jan. 1, 2030. Sponsors of…
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Report claims outdoor recreation money can ease pain of moving away from oil and gas
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Oil and gas extraction in Colorado is both undesirable and fiscally unnecessary, environmental activists said on Tuesday, citing a report that claimed money from the outdoor recreation industry can ease the economic pain of transitioning away from fossil fuels. ”The outdoor recreation economy is significant in Colorado, and provides an alternative, though not full replacement,…
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Think tank’s economist publicly lambasts homeless study but privately has ‘no problems’ with method
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While the Colorado Fiscal Institute publicly lambasted a report on homelessness, the senior economist prominently cited in its criticism said he privately has no problems with the methodology in a text exchange with one of the study’s authors. “I dug deep into your research methodology and had no problems with it especially giving the range,” Colorado…