Tag: Income Tax
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Measure to slash Colorado’s income tax rate raises least amount but faces no formal opposition
With only two months until the November election, the race to raise money for campaigns is heating up, but a ballot measure seeking to lower the state’s income tax rate appears to have cooled off. Colorado Character, the campaign behind Initiative 31 asking voters to reduce the state’s income tax rate from 4.55% to 4.40%, has raised…
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Polis says Colorado’s income tax should be reduced to zero
Colorado Gov. Jared Polis said the state’s income tax “should be zero” during a panel discussion at a conservative conference on Friday. During the discussion hosted by the Steamboat Institute, a conservative non-profit group, Polis responded to a question about how the state should balance its economic growth with the public health requirements of the pandemic. “In effect, when you…
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Proponents talk taxing the rich to balance the budget
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Proponents of cutting taxes for most Coloradans and raising them for richer ones talked about why in an online forum put on by the Colorado League of Women Voters Wednesday night. The Fair Tax, as it’s called, would net about $2 billion a year for…