tax policy
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Here’s how this graduated income tax proposal would affect Colorado residents’ take-home pay
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The measure that seeks to eliminate Colorado’s flat rate in favor of a graduated income tax contains a dozen brackets, with the highest levels set to accrue tens of thousands more in liabilities, while cutting them for individuals at the lower ends of the proposed spectrum. How it would impact individuals will depend on their…
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A LOOK BACK | Dems offer Love $500 to debate McNichols
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FIfty-Five Years Ago This Week: Gov. Steve McNichols and his Republican rival, Colorado Springs attorney John Love, held their first debate at Editors Day at Colorado State University in Fort Collins. Commentators said McNichols had held his own, but several others interviewed following the end of the debate felt the governor had already “flunked out…
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SPONSORED: New study asks, is a $1.6 billion tax increase worth it?
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A new study released by the REMI Partnership finds that without any guarantees of improvement in student performance, the $1.6 billion tax increase proposed by Initiative 73 will negatively impact the Colorado economy, cost private sector jobs, and place a significant tax burden on Coloradans. The study, “Amendment 73: The Economic Impacts of a $1.6…
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Out West Roundup: After tax cuts many saw as a failure, Kansas may cut again
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Kansas After tax cuts many saw as a failure, Kansas may cut again TOPEKA, Kansas – Kansas has some financial breathing room less than a year after legislators reversed past income tax cuts to deal with persistent budget woes that followed what many voters saw as a failed fiscal experiment. Now some Republicans want to…
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It’s time for Colorado to come up with a tax reform of its own
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Tax policy is a conversation that makes taxpayers’ eyes glaze over, especially when the politicians responsible for protecting them against runaway confiscation demonstrate a weak comprehension of economic realities. Academic tax debates examine concepts like efficiency, suppression, avoidance and tax fairness. When “sin” taxes grow too onerous, for example, black markets emerge for cigarettes, alcohol…
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YESTERYEAR: Bush clears brush, raises big bucks during Colorado visit
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Fifteen Years Ago this week in The Colorado Statesman … More than a year before the midterm elections, President George W. Bush made a stop in Colorado – his first since assuming the presidency – as part of his “Heartland” tour, signaling the start of the political season. Before attending an enormous fundraiser for U.S.…
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Kaine discusses small business plan in Lakewood
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Democratic vice presidential nominee Sen. Tim Kaine on Tuesday rolled out running mate Hillary Clinton’s set of proposals to boost small businesses after touring a Lakewood aerospace manufacturer. The Virginia senator also took some swings at Republican rival Donald Trump, criticizing what he called the billionaire real estate developer’s “track record of, frankly, stiffing small…
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Report sets stage for Nebraska legislative session’s tax debate
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Nebraska could gain a competitive edge over its neighbors by reducing its personal and corporate income tax rates while expanding its sales tax and eliminating some business tax credits, according to a report released Wednesday. It sets the stage for a debate in next year’s legislative session, during which lawmakers will have a tax reform…
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How the Trump and Clinton tax plans would affect Americans
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For America’s wealthiest families, the presidential campaign presents a stark choice: A big tax increase if Hillary Clinton wins the election – or a big tax cut if Donald Trump wins. For everyone else? Right now, neither candidate is proposing major tax changes. Tax policy is probably where the two nominees differ the most. On…
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Clinton portrays Trump economic plans as handouts for rich
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Hillary Clinton sought to undercut Donald Trump’s claim to working class voters Thursday, portraying her Republican rival as untrustworthy on economic issues, and pushing policies that would only benefit the super-wealthy – himself included. The Democratic presidential nominee, who frequently boasts about her numerous policy plans, didn’t offer any new ideas to improve the country’s…
