Regressive Fees Fund Transportation Bill
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 […]
Denver, Colorado Sales Taxes Increased Without Voter Consent
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 […]
Regressive Taxation in Colorado: Two Competing Views
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 […]
