regressive tax

Regressive Fees Fund Transportation Bill 0
- May 18, 2021
Despite being awash with funds from improved revenues and billions of dollars in federal pandemic aid to the state, Democrat legislators have chosen to fund their transportation priorities with regressive new fees that disproportionately impact the poorest Coloradans. The $5.3 billion transportation bill (SB 21-260) working its way through the legislature this week will create approximately $3.8 billion in new
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Denver, Colorado Sales Taxes Increased Without Voter Consent 0
- March 12, 2021
Denver’s 2021 budget reveals that the city expects to collect $14 million in new sales tax revenues this year by taking advantage of a 2018 United States Supreme Court ruling for the first time. The State of Colorado began collecting new sales tax revenues under the same scheme in 2019. These tax increases have come
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Murrey: Democrat deal on Prop EE benefits big tobacco, squeezes small biz 0
- January 28, 2021
[embedyt] https://www.youtube.com/watch?v=mX5Tx9PrHTA[/embedyt] The greatest friend of big business is big government. Thanks to apparent backroom dealings with Colorado Democrats, big tobacco and big government are poised to win big in Colorado with the passage of the state’s new cigarette, tobacco, and nicotine taxes. Small business and the poor come out the losers. Last week, The
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In Addition to Being Cost-Ineffective, Xcel’s Solar*Rewards Subsidy Is Regressive 0
- March 7, 2011
In addition to being cost-effective—even by solar power’s expensive standards—Xcel’s controversial Solar*Rewards subsidy program is also regressive. That is, it’s a subsidy for the rich, borne disproportionately by the poor. Elsewhere, I discuss how Solar*Rewards program, a far-too-generous subsidy for the installation of solar photovoltaic panels, became a political hot potato in Colorado (for a
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