Tag: flat tax
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Group submits signatures for proposed Colorado graduated income tax
The measure, which eliminates Colorado’s flat tax, is expected to raise $2 billion in new revenue The proposal to amend the Colorado constitution to change the state’s flat rate into a graduated income tax came in under the wire Monday, the deadline for groups to turn in petition signatures for November’s ballot, setting up a…
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Group submits signatures for proposed Colorado graduated income tax
The measure, which eliminates Colorado’s flat tax, is expected to raise $2 billion in new revenue The proposal to amend the Colorado constitution to change the state’s flat rate into a graduated income tax came in under the wire Monday, the deadline for groups to turn in petition signatures for November’s ballot, setting up a…
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Group submits signatures for proposed Colorado graduated income tax
The measure, which eliminates Colorado’s flat tax, is expected to raise $2 billion in new revenue The proposal to amend the Colorado constitution to change the state’s flat rate into a graduated income tax came in under the wire Monday, the deadline for groups to turn in petition signatures for November’s ballot, setting up a…
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Signatures submitted to cap Colorado’s income tax rate
The group behind a ballot measure aiming to cap the state’s income tax at the current rate has submitted signatures from voters to election officials for review, part of the tug and pull in Colorado between opposing political forces fighting over state revenue. That fight is taking shape as the contending sides push their diametrically…
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EDITORIAL: Pushing back at a $2 billion+ tax hike
This November, Colorado voters might decide whether to turn back the clock to a complicated, burdensome and antiquated tax system — one thrown out nearly 40 years ago — or to reaffirm the flat-tax rate that has promoted prosperity in our state for decades. Making the choice even easier: The proposed throwback, Initiative 195 —…
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Colorado Title Board rejects challenges to graduated income tax ballot measure
The state body that determines whether a ballot measure contains a single subject has rejected challenges to eight versions of the push to change Colorado’s flat rate to a graduated income tax, thereby increasing the taxes on higher income earners. Opponents argued that the proposals wouldn’t just hike the taxes on higher-income individuals — they…
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EDITORIAL: Any Coloradans for a multibillion-dollar tax hike?
The third time was the charm last week for efforts to place a $4.1 billion-a-year income-tax hike on next year’s statewide ballot — though all it meant was that its backers got the go-ahead from the state to begin gathering voters’ signatures. Two previous and nearly identical proposals for higher taxes and bigger government had…
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EDITORIAL: Tax hike detoured — for now
Hard-pressed Colorado taxpayers can breathe a bit easier following the derailment last week of an income tax hike proposed for next year’s statewide ballot. The state’s Title Board — the official gatekeeper for ballot proposals — rejected an attempt to ask voters to replace the state’s 4.4% income tax on all Coloradans with a graduated,…
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Proponents talk taxing the rich to balance the budget
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Proponents of cutting taxes for most Coloradans and raising them for richer ones talked about why in an online forum put on by the Colorado League of Women Voters Wednesday night. The Fair Tax, as it’s called, would net about $2 billion a year for…
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Proponents talk taxing the rich to balance the budget
Proponents of cutting taxes for most Coloradans and raising them for richer ones talked about why in an online forum put on by the Colorado League of Women Voters Wednesday night. The Fair Tax, as it’s called, would net about $2 billion a year for the state, a big chunk of the $3.3 billion deficit…