businesses
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Colorado leads nation in per capita personal income
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Colorado was ranked as a top state in the nation for per capita personal income, according to a report released Wednesday by the Leeds Business Research Division at the University of Colorado Boulder. Colorado’s per capita personal income increased 7.9% year-over-year in the third quarter of 2022 and personal income increased 8.5%, making Colorado the…
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For Colorado’s regional small business administrator, family matters
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A month after Aikta Marcoulier started her new job overseeing 580,000 square miles of the West as the regional administrator for the Small Business Administration, her mother died. Marcoulier’s mother, Dr. Rajeshvari Verma, was 70 when she succumbed in June to interstitial pulmonary fibrosis, a disease that destroys lung tissue. Despite losing who her sister…
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Report: Colorado economy continues to outperform, but headwinds are fierce
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While Colorado continues to outperform the nation and most states in job recovery and growth, business owners are decidedly glum about the future, a midyear economic report by the University of Colorado Boulder Leeds School of Business released Friday shows. The latest Colorado Business Economic Outlook shows Colorado with the second-highest labor force participation rate…
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House committee approves bill exempting nonprofit child care centers from property tax
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Nonprofit child care centers in Colorado wouldn’t have to pay property taxes under legislation a state House committee advanced on Tuesday in the hopes of reducing costs and improving access. House Bill 1006 aims to modify current law that allows property owned and operated by nonprofit child care centers to be exempt from property taxes. The bill…
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Polis appoints former rival to economic post
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Gov. Jared Polis has appointed his former gubernatorial rival, Republican Walker Stapleton, as his designee on the economic body that seeks to attract companies to Colorado and assists businesses with their expansion plans in the state. Stapleton, who lost to Polis in the 2018 governor’s race, served two terms as state treasurer. In a statement,…
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Colorado Supreme Court asked to weigh what constitutes a ‘tax’ or a ‘fee’
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The Colorado Supreme Court is being asked to review what constitutes a “fee” or a “tax,” which could leave funding for elections in jeopardy. The case, initially filed by the National Federation of Independent Business, claims that businesses carry an unfair burden of the cost of funding state and county elections through business filings. The group…
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University of Colorado study backs concerns from businesses over raising the minimum wage
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A recent University of Colorado study backs up many of the arguments made by businesses who opposed raising the minimum wage in Colorado. The study, published in the journal Regional Science and Urban Economics in May, comes after Colorado voters last November backed gradually raising the minimum wage to $12 per hour by 2020. The first…
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Legislation allowing businesses to refuse service over beliefs dies in Colorado Senate
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An effort that would have allowed businesses to deny services to customers based on personal beliefs died in the Colorado legislature on Tuesday, with three Republicans joining Democrats. It was the second failed effort this year aimed at granting business owners and operators the “right to disagree.” Republicans who pushed the measure claimed it was…
