Rocky Mountain Voice

Tag: Tax Credits

Colorado Progressives Blame TABOR For $1.5B Budget Gap While Expanding Costly Tax Credits
Complete Colorado, Approved, State

Colorado Progressives Blame TABOR For $1.5B Budget Gap While Expanding Costly Tax Credits

By Nash Herman | Commentary, Complete Colorado Karl Marx, co-author of The Communist Manifesto, once wrote “History repeats itself, first as tragedy, then as farce.” We’re watching a version of this play out at the Colorado State Capitol. Like thousands of enlightened technocrats who came before them, Colorado’s progressive legislators believe that they are uniquely endowed to once and for all fix structural flaws in the state’s budget and finally bring “fairness” and “equality” to Colorado.  If they could only eliminate the Taxpayer’s Bill of Rights (TABOR, heavily tax the rich, and preserve their preferred special interest tax breaks, then Colorado would have heaven on Earth.  Really, this farcical display will only serve to destroy Co...
When “affordable housing” means government-funded housing in Colorado
Rocky Mountain Voice, Approved, Commentary, State

When “affordable housing” means government-funded housing in Colorado

By Cory Gaines | Commentary, Colorado Accountability Project Volker Housing, Part 1 During one of my public notice crawls for Logan County/Sterling, there was a notice about a developer applying for a grant from the state to turn an empty parcel of land into an affordable housing development. That notice in full can be found in the first link below, but the pertinent bit is quoted here: “Volker Housing Partners, LLC will submit an application to the Colorado Division of Housing (DOH). The purpose of this application is to request up to $2,000,000 in funding to develop 54 rental homes at 777 N 4th Street in Sterling, CO. “ A reader sent me an email and suggested that I look in on this company a little, and I agreed. If they’re pulling down $2 million, wha...
Teachers Union Pushes Polis To Block Federal Scholarship Option For Families
Complete Colorado, Approved, Commentary, State

Teachers Union Pushes Polis To Block Federal Scholarship Option For Families

By Ari Armstrong | Complete Colorado Will the Colorado teachers’ union be so spiteful toward private education options that they will deny Colorado families money from privately funded scholarships promoted by federal tax credits? We soon will find out. I first learned of the program in question when the Colorado Sun published Jay Stooksberry’s op-ed on the matter on August 19. As Stooksberry explains, buried within the One Big Beautiful Bill was the Education Choice for Children Act, which allows individuals to “make tax-deductible donations up to $1,700 to scholarship organizations.” Before a state’s families can take advantage, Stooksberry adds, the governor must opt in and “approve a list of qualifying scholarship organizations the year before the donations can ...
Fake Identities Still Approved for Obamacare Subsidies, Watchdog Warns of Systemic Failures
Just The News, Approved, National

Fake Identities Still Approved for Obamacare Subsidies, Watchdog Warns of Systemic Failures

By Nicholas Ballasy | Just the News "We were able to get subsidized insurance for fake enrollees. We also found some issues with enrollees' Social Security numbers that could indicate identity fraud. The program's fraud risks were last assessed in 2018, even though the program and its risks have since evolved,” the GAO reported A newly released report from the Government Accountability Office reveals that “fraud risks in the advance premium tax credit (APTC) persist,” despite earlier warnings and reforms.  The APTC is a “subsidy that the government pays to insurance companies to make premiums more affordable for eligible Americans under the Affordable Care Act.” CMS paid nearly $124 billion in APTC in 2024 alone, covering about 19.5 million enrolle...
Colorado cuts health subsidies for illegal immigrants with lottery system deciding who keeps coverage
Colorado Public Radio, Approved, State

Colorado cuts health subsidies for illegal immigrants with lottery system deciding who keeps coverage

By Mateo Schimpf | CPR News On Nov. 17, phones started lighting up at a first-floor office in north Denver. Hundreds of people wanted to know whether they had won the lottery, and if not, if they had other options. The callers were not looking for the winning Powerball combination. They wanted to know whether they would be able to afford health insurance next year. The days leading up to Nov. 17 were excruciating for Blanca, who’s 52 and a single mother, and whose last name we’re not using because of concerns she could be targeted by federal law enforcement due to her immigration status.  She’s among 12,000 undocumented Coloradans who received subsidies from the state to get free health insurance through the OmniSalud program in 2025. But she had to wait to see if she w...
Colorado’s “Budget Crisis” Rings Hollow Amid EV Giveaway Surge
Complete Colorado, Approved, Commentary, State

Colorado’s “Budget Crisis” Rings Hollow Amid EV Giveaway Surge

By: Jon Caldara | Commentary, Complete Colorado Colorado’s governor just made this statement “The market has made it clear, EVs (electric vehicles) are here to stay.” I agree with him. Electric cars, unlike 8-track tapes and rotary-dial phones, will continue to be available to consumers for a long, long time. Cool. But why he made the statement puzzles me. He did so while touting his decision that the state will increase one of its subsidies to buy a new EV from $6,000 to $9,000. Wait a second. Which one is it? Has the market made clear electric vehicles are “here to stay”? Or do we need to increase the EV subsidy by a third to keep its market alive? And it begs another question: If the state is in a budget crisis, why spend our very scarce money buying people cars instead...
Colorado e-bike tax credits will be reduced by 50 percent in 2026
kdvr.com, Approved, State

Colorado e-bike tax credits will be reduced by 50 percent in 2026

By: Gabrielle Franklin | KDVR DENVER (KDVR) — Challenging economic times have hit many this year, including the state of Colorado. A popular program that helped more Coloradans get outside will have you paying more out of pocket next year. Tax credits for Colorado e-bikes are set to be reduced next year. That action, combined with other economic pressures, has small business owners concerned. Dan “DJ” Johnson of Cycle Erie said his business has been doing well this year.“It’s been a strong year for us. Not quite as strong as we hoped but it’s been good,” Johnson said about the year his business has had in 2025. He worries that uncertainty handed down from both the state and federal government could get in the way of the shop’s success next year. A $450 tax credit for ...
One third fixed two thirds punt: Colorado’s special session shrugs off hard cuts
ScottKJames.com, Approved, Commentary, State

One third fixed two thirds punt: Colorado’s special session shrugs off hard cuts

By Scott K. James | Commentary, Scott K. James Dems filled about $253M of a $783M gap by ending tax breaks, then handed the real cuts to Polis and the reserves. One-third fixed. Two-thirds punted. The Denver Post reports that the Special Session Show wrapped after Democrats plugged about $253 million of a $783 million shortfall by ending tax breaks and other revenue moves. Roughly $530 million still yawns open. That hot potato now rolls to Gov. Jared Polis, who is expected to mix mid-year cuts with a deep dip into reserves. Eleven bills head to his desk. The biggest moneymaker, HB25B-1004, auctions tax credits for a one-time cash hit this year while sacrificing future revenue. The Post also notes the partisan script. Democrats...
Colorado Lawmakers Clash Over Wolves, Health Subsidies and State Budget
State, Approved, The Denver Gazette

Colorado Lawmakers Clash Over Wolves, Health Subsidies and State Budget

By Marianne Goodland | The Denver Gazette Day three of the legislature's special session ended with the Senate working late into the night to begin debate on the House tax bills sent over earlier in the day, after the House wrapped up voting on those measures, along with bills on health insurance and the Healthy School Meals for all ballot measures. The House's work Saturday night included debate on Senate Bill 5, which would prohibit Colorado Parks and Wildlife from using general fund dollars to acquire more wolves in the current fiscal year. The bill also diverts $264,000 to the Health Insurance Accountability Enterprise to pay for subsidies for health insurance premiums purchased through the state exchange. Those premiums are expected to soar for the individual market by as much a...
OBBB Act empowers parents to shape their children’s future
Washington Examiner, Approved, National

OBBB Act empowers parents to shape their children’s future

By Bethany Mandel | Washington Examiner Hardly anyone is talking about it, but Congress has just passed one of the most consequential education reforms in history. Tucked into the One Big Beautiful Bill Act is a provision that could transform how families access education, reshape the politics of schooling, and finally give parents the power to direct their children’s learning. The legislation establishes a first-of-its-kind federal tax credit scholarship program, open to all types of educational settings. Beginning in 2027, people will be able to claim a dollar-for-dollar federal tax credit, up to $1,700 annually, for donations to educational nonprofit groups that fund K–12 scholarships for low- and middle-income students. The scholarships are designed ...

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