A federal judge has dismissed charges against a Kansas man for possessing a machine gun, saying prosecutors failed to establish that a federal ban on owning such weapons is constitutional.
US judge tosses machine gun possession case, calls ban unconstitutional Read More »
The Colorado House passed HB24B-1001 on Wednesday hoping it will help reduce property taxes.
Property tax bill passes Colorado House during special session Read More »
Colorado’s congressional delegation on Wednesday once again urged the Internal Revenue Service not to treat refunds issued under the state’s Taxpayer’s Bill of Rights as taxable income.
The latest revenue forecast for Colorado’s state government reflected the effects of some of the 30 laws approved this year that changed tax policy, resulting in less revenue for state operations and decreased Taxpayer’s Bill of Rights refunds to residents.
As a result of 101 bills passed by the Colorado legislature, over $2.8 billion in state TABOR refunds will not go to Colorado taxpayers between 2024 and 2026, according to a recent report from the Common Sense Institute.
State taxpayers to lose $2.8 billion in TABOR refunds due to legislature, study shows Read More »
As a result of 101 bills passed by the Colorado legislature, over $2.8 billion in state TABOR refunds will not be distributed to Colorado taxpayers between 2024 and 2026, according to a recent report from the Common Sense Institute (CSI). This amount represents nearly half of the projected $6 billion in TABOR refunds expected over the next three years.
Who Raided Your Share of $2.8 Billion in TABOR Tax Refunds? Read More »
The state government owes Colorado taxpayers an extra $34 million in refunds it should have sent out years ago, legislative budget staff told lawmakers Friday, blowing a hole in the state’s budget with just days left in the 2024 legislative session.
Democrats in the Colorado legislature on Tuesday announced a deal with Gov. Jared Polis to make sweeping changes to the state tax code that reduce income taxes and redirect hundreds of millions of dollars of taxpayer refunds to low-income parents and the middle class.
Democrats make deal with governor to redirect TABOR refunds to low-income families Read More »
With the state’s spending plan completed and on its way to the governor, along with funding for K-12 education, lawmakers are turning their attention in the final weeks of the legislative session to tax credits and bills totaling billions of dollars that will likely tap into the Taxpayer’s Bill of Rights surplus.
The votes are in and here’s what Colorado lawmakers want to spend money on Read More »
In a major victory for taxpayers, a unanimous panel of the Colorado Court of Appeals agreed with the National Taxpayers Union Foundation’s Taxpayer Defense Center (NTUF) that an overnight doubling of the property taxes in a few Northern Colorado counties violated the Colorado Taxpayer’s Bill of Rights (TABOR).
Martinez: Court sends a reminder; tax hikes require voter consent Read More »
