tax reform
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Republican tax reform plan draws skeptical, accusatory reviews from Coloradans
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Senate Republicans veered onto a new course for tax reform Thursday, and Colorado leaders were both skeptical and accusatory, as the upper chamber’s GOP leadership proposed delaying the corporate tax cuts the president wants and scuttling the laborious efforts of Republicans in the House. Colorado Republican Party chairman Jeff Hays sided with the Senate Republicans…
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FEEDBACK: Tax reform, auto addiction, digital divide and more
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U.S. tax code outdated, uncompetitive The U.S. House of Representatives passed the Senate budget recently, paving the way for tax reform. Markups have begun in House Ways and Means and changes are already being made to the Tax Cuts and Jobs Act. While the passage of the budget was a significant step forward in advancing…
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Colorado’s congressmen divided as House committee tweaks tax reform bill
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WASHINGTON – Republicans in Congress on Monday began revising the tax reform bill that has split Colorado’s delegation sharply along party lines. A big reduction in the corporate income tax and other conservative proposals in the bill would be the biggest overhaul of the nation’s tax structure since 1986 and the first major legislative victory…
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Colorado U.S. senators co-sponsor bill with tax breaks for clean energy partnerships
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Both of Colorado’s U.S. senators co-sponsored a bill this week to give tax breaks to partnerships between clean energy companies as Congress wrangles with tax reform proposals. They are trying to create incentives for clean energy companies to build the kind of infrastructure that helped oil companies fuel the U.S. economy. “It is time we update our…
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THE PODIUM: GOP tax plan is tax amnesty for large corporations
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Tax policy can be a mind-numbing discussion, but it need not be. Through all of the terms and legalities, the main question to keep in mind is who wins and who loses. The currently available details of the latest Republican Congressional plan paint a clear portrait of the winners: billionaires, millionaires and big corporations. The…
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A break for small businesses — by voter request
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The case for tax relief is a slam dunk. Congress needs to follow the Trump administration’s lead and pass clean, concise tax cuts for the overburdened small businesses we’re counting on to keep our economy humming. Here in Colorado, our nearly 600,000 small business account for about half of our employees in the private sector…
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State Republican Party rallies around Trump and tax reform
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Is this the same #nevertrump Colorado GOP that yielded a walk out of last year’s Republican National Convention over Donald Trump? The state that gave the sitting president no delegates to the RNC, and he accused them of running a rigged game? Time heals all wounds and so do tax breaks for Republicans. Jeff Hays,…
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Why tax reform is key to restoring Colorado’s small towns
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Congress and President Trump have recently begun the urgent job of modernizing the country’s outdated and unfair tax system. For Colorado, especially the vast stretches of small towns surrounding our urban centers, the stakes are huge. If Congress can replace the current tax system’s complexities and loopholes with a better system that encourages business and…
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COFFMAN: What tax reform would mean for our community
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We’ve all seen the headlines about the effort to fundamentally overhaul and simplify our nation’s tax code. This long-overdue effort is one of the most important developments in Congress this year. We have not overhauled our tax code since 1986 because changing the tax code impacts everyone, which makes large changes difficult. However, much has…
