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Benjamin Franklin once said, “Nothing is certain except death and taxes.” This is especially true in Colorado.
Seriously, everyone is talking about it.
- Page2: Study finds special interest tax deals eating up Coloradans’ TABOR refunds
“Governor Jared Polis has consistently said he wants to lower the Colorado income tax, even claiming that legislation passed earlier this year would deliver on that promise. But new research shows that billions of dollars in special interest tax breaks also passed this year in all likelihood means broad-based income tax relief is off the table for the foreseeable future.”
- The Gazette: Denver City Council appears to support $100M sales tax increase
“A proposal to increase sales taxes to generate $100 million, which sponsors want to allocate for "affordable" housing, appears to have broad support within the City Council, though at least one member has expressed reservations about asking residents to pay more for goods.”
- Colorado Politics: Bipartisan coalition supports looming special session on property tax reform
“Just hours before a special commission on property tax convenes today, a bipartisan coalition has submitted a letter that raises concerns about the potential impact of Advance Colorado’s Initiatives 50 and 108 on the state’s financial health. More than 40 state and local organizations signed the letter obtained by Colorado Politics, dated Aug. 12, supporting a compromise and a limited-scope special session.”
- The Denver Gazette: Thinking of living in Denver? Here's how much taxes you'll likely pay — and where it goes
“Curious about how much a resident pays in annual taxes to Denver and how that revenue is allocated to the city's spending priorities? Using the city's unofficial tax receipt tool…a household will pay about $1,723.33 in taxes annually, according to the calculator.”
- The Gazette: Polis must go big on killing the income tax
“Colorado Gov. Jared Polis has two years left in his final term. He can squander it on small ball or become the star of a Democratic Party that needs a leader with a record. If Polis phones it in the next two years, he’ll slink into history as another has-been governor with no landmark legacy. To leave his mark, and open doors, he need only plow full speed ahead with his stated goal to kill Colorado’s income tax.”
While that last one is promising, if you are considering relocating to Denver anytime soon, do the math. You might reconsider.
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