tax
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Tate: Colorado’s hidden $33 billion business tax government will not talk about
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Does Colorado have an invisible $33 billion tax on employers that is holding back economic expansion and job creation? According to a recent report, that amount is the estimated annual cost of compliance imposed on Colorado employers by federal regulations. To get an idea of the magnitude of this compliance cost, consider that it is…
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Gorman: Amendment 72 is constitutionally guaranteed revenue for state bureaucracies
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Amendment 72 supporters claim that raising tobacco taxes will reduce smoking. That’s a smokescreen. What the amendment really does is create a constitutionally mandated stream of revenue for two state health bureaucracies that seek to shake off the shackles of legislative budgetary oversight. Under Amendment 72, the state tax on a pack of cigarettes will…
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Fenner: Proposition 143 is nothing more than a tax that will force products off the market
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Colorado citizens typically love “sin taxes.” For voters, support for these proposals often seems like a no brainer. After all, why not vote for an issue fronted by a group with an appealing name like “Health Colorado” – a misnomer, but alluring enough to elicit checking the “yes” box. But in Colorado – a state…
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Stiffler: Pot revenue no panacea for state budget
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If you found a $20 bill while walking down the street, would you then decide to quit your job? Most likely, you’d just consider yourself mildly more fortunate than you were before finding the twenty. Sure, you’d have lunch paid for that day, but you’d still understand that you would need to keep getting up…
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Scheffel: Session showcased clear divide on economic issues
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It is often overlooked that much of what the General Assembly can do in any given session, from the annual budget on down, directly depends on the strength and vitality of Colorado’s private sector economy. The state’s economy is the team of horses that pulls everything else along, including government. Virtually every dollar spent at…
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Tax revenue from marijuana one step closer to reality in Littleton
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The old saying goes, “If at first you don’t succeed then try, try again.” Proponents of recreational marijuana know the definition well. More than three years after the passage of Amendment 64 and more than two years living under a municipal ban of recreational marijuana in Littleton, proponents of pot – and the tax windfall…