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Transportation Funding Showdown Continues Between Lawmakers And Initiative Backers
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Colorado Politics, Approved, State

Transportation Funding Showdown Continues Between Lawmakers And Initiative Backers

By: Marissa Ventrelli | Colorado Politics The standoff over Colorado’s road‑funding initiative will continue after supporters declined state lawmakers’ request to withdraw the measure, while both sides signaled they are still willing to pursue a broader agreement ahead of the fall deadline. Initiative No. 175, backed by the coalition Restore Our Roads, would require that all transportation-related revenue be used exclusively for building and repairing roads and bridges, improving safety, conducting transportation planning and engineering, and supporting Colorado State Patrol operations. A petition for the measure received over 180,000 signatures and is currently being reviewed by the Secretary of State’s Office. To qualify for the November ballot, just over 124,000 of ...
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Colorado protected school funding without touching TABOR refunds. Now it wants those too.
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Rocky Mountain Voice, State, Top Stories

Colorado protected school funding without touching TABOR refunds. Now it wants those too.

By Shaina Cole | Contributing Writer, Rocky Mountain Voice Last session, the Colorado General Assembly passed a bill asking voters to waive their TABOR refunds to fund education.  The ballot title calls it "without raising taxes." No rates change.  But it asks Coloradans to let the state keep money the constitution currently requires it to give back, and it comes one year after the legislature moved more than $200 million into a protected school account without touching anyone's refund at all. The two moves address the same problem. They work very differently. What the legislature did first In 2025, tucked inside HB25-1320, the School Finance Act, a Senate Appropriations Committee amendment drafted by Sen. Kolker (D) and Sen. Kirkmeyer (R), created something...
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Tax Fight At Capitol Ends As Polis Signals Veto Threat
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Complete Colorado, Approved, State

Tax Fight At Capitol Ends As Polis Signals Veto Threat

By Nash Herman | Complete Colorado Governor Polis played an important role in killing two of the most anti-business bills introduced this legislative session, in a rare moment of follow through on his proposed tax policy.   Is it too little too late?  How Polis killed the bills House Bills 1221 and 1222 were part of a four-bill package by progressive lawmakers that Mike Rosen dubbed the “Four Big Ugly Bills,” for their obvious hostility to Trump’s One Big Beautiful Bill Act (OBBBA) and anti-business aims.  Because Democrat lawmakers could not stand that the OBBBA cut taxes for most Coloradans, they designed the four bills to decouple aspects of the Colorado tax system from federal policy and eliminate certain tax break...
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Colorado Tax Data Raises Questions About Calls For Higher Taxes On Wealthy
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Colorado Accountability Project, Approved, State

Colorado Tax Data Raises Questions About Calls For Higher Taxes On Wealthy

By Cory Gaines | Commentary, Colorado Accountability Project Colorado’s “rich” are already paying a lot (A LOT) Tax Day, both the day when tax returns are due and the day at which you have worked enough to pay your taxes (and start working for yourself) recently passed. Around that date I saw something online giving a breakdown of Federal tax receipts vs. income group and it got me thinking about Colorado’s tax receipts vs. income. After doing some digging I have some data to share, and, as the top line here suggests, the “rich” in Colorado are already paying quite a bit. Certainly a giant percent of state revenue compared to how many filers there are. As I’ll show below, if you look at the percentage of total tax receipts vs. the percentage of taxpayers ...
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Big business taxes, small family credits, and a permanent tax on overtime
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Rocky Mountain Voice, State, Top Stories

Big business taxes, small family credits, and a permanent tax on overtime

By Shaina Cole | Contributing Writer, Rocky Mountain Voice Rep. Yara Zokaie stood before the House Finance Committee on March 9 and made the case for HB26-1221, a bill targeting executive pay deductions and corporate loss carry-forwards. "Our families are struggling to juggle their rent, groceries, and utilities," she said. The legislature had a choice. It could "choose to protect tax breaks for millionaire CEO salaries" or "allow for a break for our hard-working Coloradan families." Zokaie also co-signed HB26-1289. The reengrossed text of that bill, passed by the House on May 4, contains a provision requiring Colorado workers to add their federally exempt overtime pay back into state taxable income. Congress created a federal income tax deduction on overtime pay — up to $12,500 ...
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What tax day looks like in Colorado: A business owner, a paycheck—and what changed this year
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Rocky Mountain Voice, State, Top Stories

What tax day looks like in Colorado: A business owner, a paycheck—and what changed this year

By Jen Schumann | Rocky Mountain Voice A mother approached a federal official after a recent event with a simple observation. She said her daughter, who is working through nursing school, saved about $8,000 because of the no-tax-on-tips provision. “That’s three to four months of rent,” U.S. Small Business Administration Regional Administrator Justin Everett said, recalling the conversation. As Americans file their taxes, Everett is part of an effort to highlight what the administration is calling “Working Family Tax Cuts,” a set of federal tax changes aimed at reducing the burden on small businesses and workers. According to White House estimates Everett cited, Colorado families could see between $4,500 and $8,100 in tax savings, with take-home pay rising higher in some ...
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Where did your TABOR refund go? Follow the spending
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Rocky Mountain Voice, Commentary, State, Top Stories

Where did your TABOR refund go? Follow the spending

By Jarvis Caldwell and Gabe Evans | Guest Commentary, Rocky Mountain Voice TABOR, otherwise known as the Taxpayer's Bill of Rights, was created to protect Coloradans from bloated government spending, prevent politicians from overtaxing working families, and ensure extra revenue is returned to the people who earned it. But under Governor Polis' fiscal mismanagement and runaway spending, Coloradans are paying the price — through dramatically reduced TABOR refunds this year and no refunds at all next year.  TABOR is a provision in the Colorado Constitution passed by voters in 1992 that puts strict limits on how much the government can tax, spend, and grow unless otherwise voted on and approved. It ensures government spending increases only by inflation and population growth and...
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Frozen in place: How a 1997 tax law may be trapping Colorado’s senior homeowners
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Rocky Mountain Voice, State, Top Stories

Frozen in place: How a 1997 tax law may be trapping Colorado’s senior homeowners

By Shaina Cole | Contributing Writer, Rocky Mountain Voice A Centennial resident wrote to RMV earlier this year with a frustration he suspects many of his neighbors share — one shaped by decades spent in the same home. He has watched its value climb far beyond anything he imagined when he bought it. And now, as he weighs whether to downsize, he finds himself facing a tax bill on that appreciation — one shaped by a federal law whose core thresholds haven’t been updated in nearly 30 years. "This realized gain could be used for moving into a more manageable home, pay for necessary home care if needed, help pay for insurance, medical, dental, medicine expenses and keep their quality of life," he wrote. His concern is not an isolated one. It reflects a structural problem — one incr...
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HB26-1240: Colorado Democrats Expand Tax Giveaways—and Eat Your TABOR Refund
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Colorado Accountability Project, Approved, Commentary, State

HB26-1240: Colorado Democrats Expand Tax Giveaways—and Eat Your TABOR Refund

Cory Gaines | Commentary, Colorado Accountability Project HB26-1240 (linked first below) is a great example of tax policy which mimics a dynamic I have seen with other policy such as gun control. Rather than taking all in one big shot, something that would get all kinds of undue attention, you take in a piecewise manner. E.g. in year 1 you get red flag laws passed, but they’re limited so as to not cause too much heartburn. When that settles down, you can then spend subsequent years making additions to that first law. In the case of HB26-1240, you start by offering expanded tax credits to people and then you expand the credits further. In order to fully appreciate what I mean, we have to do some background first. Colorado’s Earned Income Tax Credit (EITC) is another ...
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Senate Bill 135 Raises New Questions About TABOR Limits And Taxpayer Protections
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Complete Colorado, Approved, Commentary, State

Senate Bill 135 Raises New Questions About TABOR Limits And Taxpayer Protections

By Nash Herman | Commentary, Complete Colorado Claims that Senate Bill 26-135 could permanently eliminate the refund of overcollected revenue under Colorado’s Taxpayer’s Bill of Rights (TABOR) amendment may at first blush sound hyperbolic, but they are not. Let me explain.  Beyond handing progressive legislators a blank check to cover up their own overspending, the new TABOR revenue limit creates a perverse incentive to limit both fiscal transparency and voter consent.  TABOR working just fine  TABOR’s existing formula limits annual growth of a portion of the state budget to a combination of population growth plus inflation.  This formula allows government to reasonably grow and accounts for factors not directly wit...
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