FISCAL - Opinion Editorials - Independence Institute

Bishop: CO Legislature using TABOR refunds to pay for special interest tax benefits 0
- April 25, 2023
With the public distracted by gun control, abortion, and other hot-button issues, the Democrat-controlled Colorado legislature is quietly advancing nearly two dozen bills to redistribute your taxpayer refund to special interests. The Taxpayer’s Bill of Rights (TABOR) in Colorado’s Constitution requires the state to refund excess tax revenue back to taxpayers. The state cannot spend this surplus
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Five fiscal policy issues to watch in the 2023 legislative session 0
- December 7, 2022
Voters gave Colorado Democrats a decisive victory in this year’s state races, yet they also passed Independence Institute’s income tax cut by approving Proposition 121. While they elect left-of-center candidates, they continue to expect low taxes and fiscal restraint by their government. As recently as 2018, Republicans controlled the Colorado senate and served as a
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Reducing state income tax a counter to recession 0
- August 2, 2022
Reducing state income tax a counter to recession Today at 8:30 a.m., the U.S. Bureau of Economic Analysis will release second quarter GDP numbers. If it reports negative economic growth as economists expect, then a technical recession has already begun in the United States. Colorado can insulate itself by reducing the state income tax. Understanding why
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Inflation makes the case for lowering Colorado’s income tax 0
- August 2, 2022
Inflation makes the case for lowering Colorado’s income tax Inflation hit another 40-year high in June, according to federal inflation data released yesterday. Coloradans have taken the fight against rising costs into their own hands with a citizens’ initiative to lower the income tax rate and put the state on a path to zero. Last
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A Path to Zero Income Tax for Colorado 0
- November 16, 2021
When an interviewer recently asked Colorado’s Democratic governor Jared Polis what the state’s income-tax rate should be, he answered without hesitation: “It should be zero.” For many Coloradans, this came as no surprise: The effort to chisel away at the income tax has already gained steam in the state. Last year, voters reduced the tax
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Colorado Housing Agency Budget Hiked Despite Reduction Request 0
- February 22, 2021
Contrary to what Coloradans have been hearing about state budget shortfalls since the coronavirus pandemic began last year, a Feb. 17 Joint Budget Committee (JBC) hearing would lead an outside observer to believe the state is overly flush with funds, with the committee voting to force more money into the Colorado housing agency budget than
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