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Initiative 195 would raise taxes on Colorado’s top earners. A new report asks whether they’d stay.
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Rocky Mountain Voice, State, Top Stories

Initiative 195 would raise taxes on Colorado’s top earners. A new report asks whether they’d stay.

By Jen Schumann | Rocky Mountain Voice The income tax on a Colorado household earning under $25,000 would fall by $9 a year under Initiative 195. A filer reporting between $2 million and $5 million would pay about $13,914 more. Both figures come from the measure's certified ballot title. The Common Sense Institute, a free-market policy group in Greenwood Village, says that second household is also the one most likely to pack up and leave Colorado, and that the state would lose part of the revenue the tax is supposed to bring in right along with it. Initiative 195 would end Colorado's flat income tax. The state taxed income on a graduated scale for its first 50 years, then switched in 1987 to a single rate, now 4.4 percent, that applies to every earner.  In its place, 1...
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Colorado loses businesses at one of nation’s highest rates, new report finds
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Rocky Mountain Voice, State, Top Stories

Colorado loses businesses at one of nation’s highest rates, new report finds

By Jen Schumann | Rocky Mountain Voice Colorado residents have spent years watching prices climb while business groups warn that operating in the state is becoming harder. A new report adds another layer of data to those concerns. Colorado ranked near the bottom nationally for net business establishment growth in 2024 and recorded the nation’s worst employment losses tied to business openings and closures, according to a new analysis from the Common Sense Institute. While most states added businesses and jobs last year, Colorado was one of only six states to lose ground in both categories, joining Massachusetts, New York, North Carolina, Oregon and Washington. Researchers pointed to high business costs and weakening confidence in Colorado’s economic outlook as growing warni...
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Colorado’s corporate exodus: Nearly 12,000 jobs gone — and the tracker Polis hopes you’ll ignore
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Colorado Accountability Project, Approved, Commentary, State

Colorado’s corporate exodus: Nearly 12,000 jobs gone — and the tracker Polis hopes you’ll ignore

By Cory Gaines | Commentary, Colorado Accountability Project   I found something interesting in Jon Caldara's recent op ed that I thought worth sharing. A quote (with link left intact--though I link to the opportunity tracker separately at bottom so you can share that link if you've a mind to) shows what I mean: "So, what's the pattern here? It's not just 'companies move sometimes.' We're building a list. A tracker. A scoreboard. The Colorado Chamber literally maintains a 'Lost Opportunities' compilation of companies leaving, downsizing, or choosing to expand somewhere else. Nearly 12,000 jobs have moved away. When you need a tracker for corporate departures, you're no longer 'a state with some challenges.' You're a gate agent announcing final boarding for Flight 970 to Anywhere Else." Ye...
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