Tag Archives: income taxes

Governor Signs Budget

Co-State-Capital-300Colorado’s $25 billion budget for next year, which includes money for taxpayer refunds and more funding for education, has become official. Governor John Hickenlooper signed the budget Friday afternoon. The refunds are required by the Taxpayer’s Bill of Rights when the state’s revenue exceeds the rate of population growth Continue reading

New Report Says Colorado Dependent on Income Taxes

income taxA new report highlighting wealth inequality nationally finds Colorado is among the top 10 states most reliant on income taxes for state revenue. The report released today by the credit ratings agency Standard & Poor’s concludes that income inequality is contributing to slower economic growth in the U.S. The report says that Continue reading