Tax Increase To Fund Road Improvements?

Colorado lawmakers are considering a bill which would ask voters to fund a sales tax increase to pay for roads. The State’s sales tax would climb .6% to just over 3.5% between January 2018 and December 2037. Meanwhile, the state would reduce the vehicle registration fees by more than half. Budget estimates say the sales tax hike would bring in about $680 million annually, which would allow CDOT to begin some major road improvement projects.

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