tax reform
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NOONAN | Record of outgoing legislative leadership: incremental change
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The opening of the 2011 General Assembly marked the first year of Gov. John Hickenlooper’s administration. It was the year that Kevin Grantham, Senate president, and Crisanta Duran, House speaker, started their eight years in the Senate and House. Other prominent leaders in that elected class include Sen. Lucia Guzman, Senate minority leader; Rep. Millie…
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TIPTON | Good riddance to an outdated tax code
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This year, April 17, marked a day each American dreads: Tax Day. In the weeks leading up to this day every year, Americans scramble to fill out complicated tax forms with the hope that some of their hard-earned money will be returned by the government. Filing taxes this year was the same old unpleasant and…
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Tax cuts are helping some businesses expand; they’re helping mine survive
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The recently passed federal tax cuts include much for businesses to like. A new 20 percent tax deduction, immediate expensing of capital investment, and lower across-the-board tax rates give some businesses the extra funds they need to expand, hire and raise wages. But for other Colorado small businesses like mine, they’re merely helping us survive…
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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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Sen. Cory Gardner praises Chipotle’s bonuses as a success of tax reform
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WASHINGTON – Colorado U.S. Sen. Cory Gardner said the announcement this week by Denver-based Chipotle Mexican Grill of employee bonuses shows the tax reform Congress approved in December is paying off. Congress passed a roughly $1.4 trillion tax cut that slashed corporate taxes and doubled the standard deduction for individuals. It was hotly contested by…
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Insights: Tax reform loot comes in a mixed bag for Colorado
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There’s no denying that the tax overhaul delivered by the Republicans and President Trump put money in Colorado’s pocket, albeit wealthy people and corporations did better than most of us. In the wake of the new law, minimum-wage workers at Walmart are getting a pay raise to $11 an hour, even as thousands of their…
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CIRULI: Will the tax plan sell itself? Republicans had better hope so
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Just as President Trump was hoping to leave for his holiday in Palm Beach, cable commentators were questioning why he hadn’t yet signed the tax bill. Trump, ever sensitive to his TV image, staged a quick signing ceremony on December 20 before wheels up. When asked if he will spend time promoting the plan, Trump…
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Panic over property taxes: Pay now or pay more later
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The last days of 2017 were hectic for one Arapahoe County agency, as President Donald Trump signed the Tax Cuts and Jobs Act. By the end of last week, the Arapahoe County Treasurer’s Office had collected around $20 million more in early property tax payments than it had the year prior. With Trump’s signing of…
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Pot, Handmaids and Magpul: Colorado Politics’ hottest stories of 2017
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Our most popular stories aren’t always the ones Colorado Politics journalists consider most newsworthy. Case in point: this list of our most viral-prone stories of 2017, which contains nary a mention of school choice, Neil Gorsuch, DACA, the #MeToo movement, transportation or special sessions, threatened or real. Without further ado, here are the headlines…
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FEEDBACK: The perils of legal pot; thanks for tax reform
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Don’t overlook the hidden costs of legal marijuana For those of us of a certain age, the term “snake-oil-salesman” is common to describe someone who will try to sell us something that will cure all our ills, heal our wounds and generally make our lives better with one simple product. For Coloradans that product is…
