Tag: taxes
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Perspective: No more blank checks
There’s a certain recklessness that comes with raising taxes right now. It’s the government’s way of dipping into your wallet for their own plans. At some point, the wallet becomes empty and, in Colorado, that’s happening faster than around the country. We’re the third-most-expensive state in the nation. Many of our affordability problems are created…
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Atop taxes, here’s how much each Colorado resident pays in fees
Each Colorado resident paid nearly $5,000 in state-sanctioned fees last year, according to a report by a policy think tank. The report, which analyzed how fees have affected Colorado’s economy, found that fee revenue has more than tripled since 2008 — to $4,692 — and is likely to keep growing. More than 30 years after…
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Atop taxes, here’s how much each Colorado resident pays in fees
Each Colorado resident paid nearly $5,000 in state-sanctioned fees last year, according to a report by a policy think tank. The report, which analyzed how fees have affected Colorado’s economy, found that fee revenue has more than tripled since 2008 — to $4,692 — and is likely to keep growing. More than 30 years after…
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Atop taxes, here’s how much each Colorado resident pays in fees
Each Colorado resident paid nearly $5,000 in state-sanctioned fees last year, according to a report by a policy think tank. The report, which analyzed how fees have affected Colorado’s economy, found that fee revenue has more than tripled since 2008 — to $4,692 — and is likely to keep growing. More than 30 years after…
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Perspective: The true toll of Colorado’s fees
In light of the major election issue of Colorado’s affordability, the Common Sense Institute released its most recent analysis of TABOR-exempt fee growth this month. For those unfamiliar, the Taxpayer’s Bill of Rights, or TABOR, requires voters to approve new taxes at the ballot box. The legislature cannot raise taxes without a vote of the…
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Colorado drivers tap ‘Montana loophole’ to avoid high vehicle registration and tax costs
Coloradans looking to avoid high vehicle registration fees have turned to what’s known as the “Montana loophole” — a strategy that surfaced recently at a luxury car event near the Cherry Creek Mall. Here’s how it works. A Colorado resident buys a high-end vehicle — anything from a large recreational vehicle to a supercar like…
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Colorado drivers tap ‘Montana loophole’ to avoid high vehicle registration and tax costs
Coloradans looking to avoid high vehicle registration fees have increasingly turned to what’s known as the “Montana loophole” — a strategy that surfaced recently at a luxury car event near the Cherry Creek Mall. Here’s how it works. A Colorado resident buys a high-end vehicle — anything from a large recreational vehicle to a supercar…
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Colorado drivers tap ‘Montana loophole’ to avoid high vehicle registration and tax costs
Coloradans looking to avoid high vehicle registration fees have increasingly turned to what’s known as the “Montana loophole” — a strategy that surfaced recently at a luxury car event near the Cherry Creek Mall. Here’s how it works. A Colorado resident buys a high-end vehicle — anything from a large recreational vehicle to a supercar…
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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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Colorado partners with tech organization to simplify tax filing process
Colorado is partnering with the tech nonprofit Code For America to make its free tax-filing program for low-income residents more accessible, Gov. Jared Polis announced last week. According to Polis, the partnership will make the SimpleFile tool, which helps taxpayers determine if they’re eligible for any state tax credits, more easily available to Coloradans who…