DENVER (AP) - Legislation to tax candy, soda, software downloads and energy used in manufacturing passed the first reading in the Colorado Senate by a single vote. The measures passed their initial reading late Monday night after about 12 hours of debate. The final round of voting might not come until Wednesday. Bills to tax software, candy [...] [...]
by Associated Press Published: February 5,2010
Tags: Democrats, Republicans, state budget, Taxes
DENVER (AP) - Republican lawmakers are calling on the governor to cut about $320 million from the state’s budget instead of raising taxes on businesses. GOP senators said Thursday they’ll introduce a bill calling for $17.8 million in cuts this year - about 0.24 percent of the budget. Next year they want $306.5 million in cuts [...] [...]
by Rebecca Tonn Published: December 11,2009
Tags: Taxes
Little time left to take advantage of substantial tax benefits Less than three weeks remain for business owners to consult their tax advisers and take advantage of tax breaks for 2009. One of the ways in which the government has attempted to restore economic stability is by offering tax incentives to small businesses to stimulate the economy. Tax [...] [...]
by Associated Press Published: November 17,2009
Tags: Health Care, Taxes
WASHINGTON (AP) - When it comes to paying for a health care overhaul, Americans see just one way to go: Tax the rich. That finding from a new Associated Press poll will be welcome news for House Democrats, who proposed doing just that in their sweeping remake of the U.S. medical system, which passed earlier [...] [...]
by John Hazlehurst Published: September 11,2009
Tags: Add new tag, recession, Taxes
Spurred on by the then-booming economy during 2007, Colorado legislators and liberal interest groups were poised to load the 2008 ballot with revenue-enhancing proposals — or, less politely, new taxes. Interviewed by the Denver Post during October of 2007, then-House Speaker Andrew Romanoff said, “If I had to choose today between providing health care for every [...] [...]
by Staff Writer Published: August 10,2009
Tags: City Council, City of Colorado Springs, fees, Sustainable Funding Committee, Taxes
To ensure a more sustainable funding structure, the City of Colorado Springs should consider implementing new taxes and fees, extending or increasing existing taxes and fees, reducing existing tax exemptions, and augment or modify the way it provides services. [...]
by John Hazlehurst Published: July 30,2009
Despite El Paso County’s ongoing financial woes, County Commissioners won’t be asking the voters to approve any new taxes. “I think we need to make it clear that we won’t be going to the voters and asking for a tax increase,” said Board Chair Jim Bensberg, after the commission had received a grim overview of the [...] [...]
by Rob Larimer Published: May 29,2009
Tags: Taxes
As a result of the passage of S.B. 275, state sales-tax and use-tax service fees have been eliminated. The change, which is effective July 1, comes after both service fees were reduced from 3.3 percent to 1.35 percent during March. Prior to the change, the Colorado Department of Revenue could only keep the fees if returns were [...] [...]
by Lon Matejczyk Published: May 8,2009
Tags: Prospect Lak, Sailing, Southern Delivery System, Taxes, Upper Williams Creek Resevoir
We have a mountain, let’s get a big lake to go with it. As part of the Southern Delivery System, a new water storage reservoir is in the plans. Projections are that by 2018 there will be a 760-acre reservoir 14 miles southeast of town. This lake would be more than 10 times the size of [...] [...]
by Rob Larimer Published: April 15,2009
Tags: Taxes
Millions of citizens and non-citizens will apply for tax refunds that they don’t deserve, according to the Social Contract Press. A 51-page report, The Earned Income Tax Credit and Illegal Immigration: A Study in Fraud, Abuse, and Liberal Activism is available at www.thesocialcontract.com. “The Earned Income Tax Credit (EITC) is the largest anti-poverty program in the United [...] [...]
