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  • Independence Institute Comments on 2nd Initiative 31 Draft Analysis – Income Tax Cut

    Independence Institute Comments on 2nd Initiative 31 Draft Analysis – Income Tax Cut0

    • August 3, 2022

    The state constitution requires the state to produce a voter information booklet, commonly known as the “Blue Book,” on every legislatively referred and citizen initiated measure to appear on the statewide election ballot. The booklet, prepared by Legislative Council Staff (LCS), must provide fair and impartial analysis of each measure. LCS solicits comments from the

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  • Reducing state income tax a counter to recession

    Reducing state income tax a counter to recession0

    • 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

    Inflation makes the case for lowering Colorado’s income tax0

    • 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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  • Independence Institute Comments on Initiative 31 Draft Analysis – Income Tax Cut

    Independence Institute Comments on Initiative 31 Draft Analysis – Income Tax Cut0

    • July 11, 2022

    The state constitution requires the state to produce a voter information booklet, commonly known as the “Blue Book,” on every legislatively referred and citizen initiated measure to appear on the statewide election ballot. The booklet, prepared by Legislative Council Staff (LCS), must provide fair and impartial analysis of each measure. LCS solicits comments from the

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  • A Path to Zero Income Tax for Colorado0

    • 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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  • Regressive Taxation in Colorado: Two Competing Views

    Regressive Taxation in Colorado: Two Competing Views0

    • January 28, 2021

    Colorado has a regressive tax burden that punishes the poor. It’s not fair. Voters in the Centennial State heard that a lot last year, but is it true? If so, how and why, and what should be done about it? Key Takeaways: The Colorado tax code imposes an overall regressive tax burden. While the overall

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