Originally published on Tue March 31, 2015 7:20 am
Under current state law Colorado provides 186 tax breaks — everything from vending machine food to dairy equipment, affordable housing, livestock feed, and fuel for light, heat, and power.
"I think it's worth us taking a look periodically to make sure we are being responsible to the tax payers with their tax money to say where is it being spent and are we getting a good return on the investment," said Representative KC Becker (D-Boulder).
With that in mind, Colorado lawmakers want to see whether the state is getting its money's worth from all those tax breaks designed to create jobs and boost the economy.
Originally published on Mon February 9, 2015 3:11 pm
When voters in four U.S. states — Colorado, Washington, Alaska and Oregon — approved recreational marijuana sales, part of the appeal was the promise of a new revenue source to buoy cash-strapped cities and states.
But tensions are growing in those four states over how the tax rewards from pot sales should be divided. Local governments want to get what they say is their share of pot tax revenue.
Originally published on Wed November 6, 2013 6:35 am
Colorado voters gave a mixed reaction Tuesday on a pair of statewide tax increases. Voters didn’t want to tax themselves to pay for education, but were overwhelmingly willing to tax recreational marijuana to help rebuild schools.
Delta County Treasurer Lisa Tafoya visited commissioners on Monday to obtain permission to close her office at 1 pm on Wednesday, Nov. 6, in preparation for the county’s annual tax lien sale on Thursday Nov. 7.
The closure would allow staffers to prepare for the sale, which begins promptly at 10 am in the district court room. Properties with outstanding taxes were printed once in the Delta County Independent and are listed on the county treasurer’s website, updated every Monday.
Originally published on Mon October 21, 2013 2:43 pm
Colorado is preparing for the state’s first recreational marijuana stores to open this January. In the meantime, voters still have the final say on how the new product will be taxed through Proposition AA.
Originally published on Wed October 16, 2013 10:31 am
With just over three weeks until the election, the campaign asking Colorado voters to approve a $1 billion tax increase to pay for improvements to public schools are planning what they call a robust door-to-door operation.
A measure asking Colorado voters if they want to raise income taxes by nearly $1 billion a year to pay for public school upgrades is a step closer to the November ballot. KUNC's Bente Birkeland reports.
Update Monday 12:30 p.m. - Supporters of the measure turned in roughly 160,000 signatures to the Secretary of State's office - more than twice the amount required by law.
Democratic senator Mike Johnston of Denver sponsored the underlying legislation. He says gone are the days when the state simply asks voters for a blank check.
A roughly billion-dollar tax increase is likely to go before voters this fall. It’s part of a larger package of education reform that state lawmakers passed last session.
Senator Rollie Heath (D-Boulder) is helping to spearhead the latest initiative. He also took the lead two years ago on an unsuccessful education tax increase to raise several billion dollars for K through 12 schools and higher education.