Rocky Mountain Voice

Tag: Colorado economy

Montana Looks To Colorado’s Flat Tax Legacy As Colorado Debates Progressive Alternative
Complete Colorado, Approved, State

Montana Looks To Colorado’s Flat Tax Legacy As Colorado Debates Progressive Alternative

By Nash Herman | Complete Colorado While Montana is poised to learn from the flat tax success stories of Colorado and other Western states, the push for a progressive income tax in Colorado threatens the very policies that made the state successful in the first place.  Some history  Colorado and Montana both implemented progressive individual income taxes in the 1930s during the Great Depression.   However, Colorado was one of the first states to join the “flat tax revolution” when it implemented a single flat rate of 5 percent for all incomes in 1987.  Then, through rate cuts at the turn of the century and Independence Institute-led Propositions 116 and 121 in 2020 and 2022, Colorado lowere...
Xcel Electric Bills Rise Again as Colorado Regulators Approve $157 Million Increase
The Colorado Sun, Approved, State

Xcel Electric Bills Rise Again as Colorado Regulators Approve $157 Million Increase

By Mark Jaffe | The Colorado Sun The state Public Utilities Commission cut Xcel Energy’s original rate hike request but the utility could ask for a rehearing. Xcel Energy received approval from the Colorado Public Utilities Commission on Wednesday for a $157 million electricity rate increase that will raise the average residential bill by about $5 a month. The average residential bill for 601 kilowatt hours will rise to $109.92 a month from $104.91. When Xcel Energy originally filed the rate request in 2025 it said the average monthly bill was about $100. The average bill for small commercial customers will rise a little less than 5% to $164.37 a month for 1,041 kilowatt-hours. The parties to the rate case, including Xcel Energy, the state Office o...
Douglas County Cuts Red Tape to Speed Business Growth
CBS Colorado, Approved

Douglas County Cuts Red Tape to Speed Business Growth

By Olivia Young | CBS Colorado Douglas County leaders have launched an initiative to reduce red tape and incentivize business development in the county. "It's all we ever wanted to do," Becky Stroh told CBS Colorado. "Finally, we got to the point in our lives where we're like, 'All right, we're ready to open up our own place.'" In 2012, Stroh and her husband opened their dream restaurant in Castle Rock, the Hideaway Bar & Grill. "Permits just take a while," Stroh said. "So getting approvals take a long time." Stroh says the permitting process for the initial opening, and subsequent remodels, was lengthy. "The LED sign outside, that I remember that permit took six weeks," Stroh said. "It would just be nice to know when are we going to get the pe...
New Study Finds Government Taxes and Fees Add Tens Of Thousands To Colorado Home Prices
The Denver Gazette, Approved, Commentary, State

New Study Finds Government Taxes and Fees Add Tens Of Thousands To Colorado Home Prices

By Peter Lifari | Commentary, The Denver Gazette Colorado’s economic competitiveness is slipping, and housing affordability is one of the most important reasons why. Policymakers have more control over this than they might think.   A new report from the Common Sense Institute details tens of thousands of dollars in housing-construction costs created not by land or water scarcity, labor costs, materials costs, market conditions or interest rates — but by nothing more than policy.  Housing affordability is as much an economic development and competitiveness issue as it is a social one. That matters in a state tracking business establishment losses and domestic migration losses.  This is a relatively new development for Colorado. For years, the ...
Denver Minimum Wage Increase Raises Questions Over Prices, Jobs, and Affordability
DENVER7, Approved, Local

Denver Minimum Wage Increase Raises Questions Over Prices, Jobs, and Affordability

By Sophia Villalba | Denver7 DENVER — Denver's minimum wage will rise to $19.84 an hour on Jan. 1, renewing debate over how higher labor costs affect workers and businesses. Some say the increase is necessary, while others say the higher wages could impact business operations. Every business owner implements cost-cutting methods however they can. At Elemental Bakery and Coffeehouse, owner Cindy Wright chooses to take on more work herself to save some money. “Instead of hiring a dish person, we all do the dishes. We're not looking to raise prices or anything right now,” Elemental Bakery & Coffeehouse owner Cindy Wright said. Spending is top of mind, especially with another minimum wage increase on the horizon. READ THE FULL ARTICLE AT DENVE...
Colorado Homeownership Slips Further Out of Reach as Prices Outpace Incomes
The Coloradoan, Approved, State

Colorado Homeownership Slips Further Out of Reach as Prices Outpace Incomes

By Nate Trela | The Coloradoan A new study on homeownership shows just how unaffordable buying a home is across the country, including two Colorado metro areas where homebuying is out of reach for most of their residents even if mortgage rates were set to 0%. The report using data .from Ziffy.ai, an AI-powered real estate investment platform, included the Boulder and Grand Junction areas among dozens of examples of markets where more than half of the homes are unaffordable for most households, even if mortgages did not require paying interest. The analysis defines affordability as when the total monthly housing costs — principal, interest, taxes and insurance — are no more than 30% of the median household income in a market. It based the mortgage calculations...
Colorado Economy Holds Ground as Inflation and Labor Shortages Raise Concerns
The Denver Gazette, Approved, State

Colorado Economy Holds Ground as Inflation and Labor Shortages Raise Concerns

By Bernadette Berdychowski | The Denver Gazette Inflation is up again, job growth is slowing and geopolitical turmoil has added the effects of high oil prices to the state’s economy. Yet, despite those issues, Colorado’s economy continues to expand, according to a report from the University of Colorado Boulder released Tuesday. The state added 28,600 jobs in June, up 1% year-over-year, the report said. Twelve industries in Colorado saw job losses and eight saw gains, with the most job growth consistently in the healthcare and social assistance sector. Colorado’s economy in 2025 was largely defined by a period of uncertainty spurred by a slew of federal policy changes — from tariffs to federal worker layoffs — after President Donald Trump took office for his seco...
Douglas County Weighs Data Center Incentive as Front Range Restrictions Grow
The Denver Gazette, Approved, Local

Douglas County Weighs Data Center Incentive as Front Range Restrictions Grow

By Nicholas Fogleman | The Denver Gazette At a time when Denver and Front Range governments are restricting or banning data center development, Douglas County commissioners are poised to approve a $19.3 million tax rebate agreement Tuesday for a new data center under construction in Parker. The contrasting approaches are occurring as the debate over data centers has taken center stage in Colorado and elsewhere in the country. Critics seek moratoriums or even a complete ban, citing worries about water and energy consumption, while proponents argue they bring in jobs and new revenue, not to mention their national security implications — America, they say, should not cede the battle for AI infrastructure dominance to global competitors. The proposed agreement would...
Colorado Progressive Tax Plan Raises Long-Term Bracket Creep Concerns
Complete Colorado, Approved, State

Colorado Progressive Tax Plan Raises Long-Term Bracket Creep Concerns

By Nash Herman | Complete Colorado Proponents of a progressive state income tax claim that it will give most Coloradans a break on their taxes.   Those familiar with history, inflation, and bracket creep see a much different long-term picture.   Repeating history The US adopted a federal income tax in 1913, justified by the claim that only about one percent of the population would pay the tax in its earliest years.  Does this sound familiar?   Proponents of Initiative 195, the ballot measure to switch Colorado’s 4.4 percent flat income tax rate to a progressive tax, are adamant that the measure is fair because 97 percent of filers will receive a tax cut.  READ THE FULL ARTICLE AT COMPLETE COLORAD...
Government intervention comes at a price
Colorado Accountability Project, Approved, Commentary, State

Government intervention comes at a price

By Cory Gaines | Commentary, Colorado Accountability Project I came across the chart mentioned in the first link below during my wanderings about the internet. The link is to a blog post put out by HumanProgress.org, an offshoot of the Cato Institute a Libertarian think tank.I want to call your attention mainly to the graph embedded in the blog post. This is attached as screenshot 1. To help you orient yourself, this is a graph of the rise (or fall) in prices for a variety of goods and services in a time series from the year 2000 on. The scale is given as a percent increase (positive numbers), or decrease (negative numbers).It makes sense that prices change over time (how many of us had grandparents who quoted the price of a chocolate bar, how many of us will ...