Colorado residents will get tax refunds because the state’s improving economy means government is collecting more revenue than it is allowed to keep under the voter-approved Taxpayer Bill of Rights.
Gov. John Hickenlooper is unveiling his Colorado budget proposal for next year, and a big question is how the state plans to refund excess state revenue to taxpayers.
Colorado’s growing economy means tax refunds are on the horizon for residents.
Colorado is among the top 10 states most reliant on income taxes for revenue, according to a new report concluding that income inequality is contributing to slower economic growth nationally.
Sales tax revenue on recreational marijuana in Colorado is down compared to early projections.
As Colorado’s economy continues improving, lawmakers are beginning to talk about constitutionally mandated refunds to taxpayers in the coming years.
State lawmakers opposed to Colorado’s landmark Taxpayer Bill of Rights won another legal victory Friday as the 10th U.S. Circuit Court of Appeals ruled their lawsuit challenging the law can proceed.
Colorado is asking the federal courts to stay out of a dispute about whether its strict tax and spending limits has robbed the state of a republican form of government.
Gov. John Hickenlooper’s third State of the State address was his first with two Democrat majorities. He used this opportunity to inform his colleagues on what he would like to see, and more importantly, what he would not like to see, this session.
Paul Garnica scored 15 points to lead Northern Colorado to a 90-62 victory over Tabor on Monday night, ending a six-game losing streak.