Rocky Mountain Voice

Tag: Business Climate

Colorado’s Competitive Edge Fades Under High Taxes and Regulation
Complete Colorado, Approved, State

Colorado’s Competitive Edge Fades Under High Taxes and Regulation

By: Nash Herman | Complete Colorado The non-partisan Tax Foundation just published its 2026 edition of the State Tax Competitiveness Index. Colorado — already in the bottom half of states for tax competitiveness — continues to slide in the rankings, and the current political trajectory will only exacerbate the situation. Colorado losing its edge  In last year’s index, Colorado placed 32nd in overall tax competitiveness, worse than all of the state’s immediate neighbors.  According to its subcategories, Colorado ranked 10th in corporate taxes, 18th in individual income taxes, 37th in sales taxes, 36th in property taxes, and 39th in unemployment insurance taxes.  This year, Colorado’s rank dropped to 33rd ...
Is the Colorado Economy More of a Train Wreck than it Currently Appears?
Rocky Mountain Voice, Commentary, State, Top Stories

Is the Colorado Economy More of a Train Wreck than it Currently Appears?

By Mike O’Donnell | Guest Commentary, Rocky Mountain Voice Given all the sad news last week, a September 9 press release from the U.S. Bureau of Labor Statistics (BLS) announcing a major downward revision in job numbers for March 2024 to March 2025 was understandably overlooked. The serious implications the announcement had for the national and especially the Colorado economies still, nonetheless, remain today. Revisions to BLS jobs numbers are normal and happen annually because the monthly estimates of how many new jobs are being created or lost in the economy come from surveys of around 121,000 businesses representing about 631,000 individual worksites. Because companies come and go, the BLS combines their survey data with estimates of how many net new jobs are being created at ...
O’Donnell: Colorado isn’t creating jobs—it’s creating unemployment
Rocky Mountain Voice, Approved, Commentary, State, Top Stories

O’Donnell: Colorado isn’t creating jobs—it’s creating unemployment

By Mike O’Donnell | Guest Commentary, Rocky Mountain Voice  January 2023 was a changeover month of sorts in the United States because it marked a division between the taxpayer subsidized COVID economy and the less subsidized post-COVID economy. According to the latest U.S. Bureau of Labor Statistics (BLS) data, the United States added 3,149,000 jobs between January 2023 and June 2025, a 2.0 percent increase for the nation as a whole.  Employment growth so far this century has averaged just under one percent a year, so the 2.0 percent figure is roughly on track (although preliminary July BLS data are less positive and subject to revision). At the same time, unemployment increased by 1,268,000, a 22.1 percent rise. This is a less positive aspect of the economy that few seem ...