VIDEO: Colorado Property Tax Video Series

Under current law, residential property taxes are set to increase by over 30 percent on average across Colorado. Such increases will come as a shock to homeowners who until recently were protected from large property tax increases like this by the Gallagher Amendment in the state constitution. Renters will see the impact of the tax […]

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

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 […]

Reducing state income tax a counter to recession

Money Tax Budget

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 […]

Inflation makes the case for lowering Colorado’s income tax

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 […]

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

Rejected

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 […]

Backgrounder: $617 million in Hidden Taxes from 2021 Session

With the 2021 Colorado regular legislative session concluded, lawmakers have approved tax and fee increases on Coloradans of up to $617 million annually without voter consent. The new revenues are enough to give every schoolteacher in Colorado a $11,343.65 per year raise. The tax and fee increases amount to an average of $430 per year […]

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 […]

Fees, Enterprises, and Colorado

This issue paper discusses how Colorado has created loopholes, such as fees and enterprises, to bypass the Taxpayer’s Bill of Rights (TABOR).

Help Energize our Economy with a Tax Cut!

This week, we at Independence started a petition drive for a very big idea in the form of a tiny, little tax cut. Why? We must energize our economy. And in order to do that people need to be able to use more of their own money. It’s time to lower taxes and get people […]

Independence Institute Launches Tax Reduction Ballot Initiative

To “Energize our Economy” Independence Institute Launches Tax Reduction Ballot Initiative May 18, 2020 Denver – Independence Institute, Colorado’s free-market think tank, announces its petition drive launch today of a ballot initiative that will reduce the flat Colorado state income tax rate from 4.63% to 4.55%. The signature gathering process for Initiative #306 will begin today. […]