by Associated Press Published: February 22,2011
Tags: Coke, Legislature 2011, Pepsi, Republicans, soda, Taxes
Coke, Pepsi and other soft drinks could get a bit cheaper in Colorado under a Republican proposal to repeal sales taxes on soda. Coloradans began paying a 2.9 percent sales taxes on sodas last year, when lawmakers looking for ways to raise money and confront obesity imposed a levy soft drinks and candy. Before, the [...] [...]
President Barack Obama’s budget proposal resurrects a series of tax increases that were largely ignored by Congress when Democrats controlled both chambers. Republicans, who now control the House, are signaling they will be even less receptive. The plan unveiled Monday includes tax increases for oil, gas and coal producers, investment managers and U.S.-based multinational corporations. [...] [...]
by Allen Greenberg Published: February 4,2011
Tags: CVB, Doug Price, Little London, Taxes, The Broadmoor, Tourism
We’re all just getting to know Doug Price, the new chief of the Convention and Visitors Bureau, but I’ve discovered something about him that should resonate with many: Several years ago, while still living and working in Washington, D.C., Price was in the Springs on a business trip and, as he tells it, was walking [...] [...]
by Associated Press Published: January 26,2011
Tags: State of the Union, Taxes
President Barack Obama’s call to lower corporate tax rates is popular among business leaders and lawmakers from both parties. That support, however, won’t be easy to maintain if the president ever gets specific about how to pay for the lower taxes. Obama said in his State of the Union address that he wants to close [...] [...]
by Associated Press Published: December 22,2010
Tags: Taxes
Expectations for economic growth next year are turning more optimistic now that Americans will have a little more cash in their pockets. A cut in workers’ Social Security taxes and rising consumer spending have led economists to predict a strong start for 2011. Still, most people won’t feel much better until employers ramp up hiring [...] [...]
by Associated Press Published: December 15,2010
Tags: Taxes
The Senate overwhelmingly passed a sweeping tax package today that would save millions of Americans thousands of dollars in higher taxes while also reducing their Social Security taxes and extending jobless benefits. The $858 billion package now goes to the House, where many Democrats are unhappy with a provision that allows estates as large as [...] [...]
by Associated Press Published: December 15,2010
Tags: Taxes
Senate to vote on package extending Bush tax cutsPresident Barack Obama’s compromise tax deal with Republicans – a package of cuts that would add nearly a trillion dollars to the U.S. debt – was headed for Senate approval Wednesday. The measure, which still faces stiff opposition in the House of Representatives as overgenerous to the [...] [...]
Colorado’s senators have split on extending tax cuts, with Mark Udall voting “no” and Michael Bennet supporting them. The Senate overwhelmingly backed the bill in a test vote Monday. The measure is expected to face a tougher time in the House, where Democrats oppose tax breaks for the wealthy. Udall says he supports extending tax [...] [...]
by Associated Press Published: December 13,2010
Tags: Taxes
Legislation to avert a Jan. 1 increase in U.S. income tax rates has gained 60 votes in the Senate, the level needed to advance toward a final vote. The roll call is continuing, and the test vote is not final. But the bipartisan show of support is a strong indication the measure will be passed [...] [...]
by Associated Press Published: December 13,2010
Tags: consumerism, Retail, Taxes
President Barack Obama’s top economic adviser says targeted tax cuts, more exports and greater spending will help reverse a lack of consumer demand that threatens to constrain the economy “now and for the next several years.” Lawrence Summers, in his swan song speech as head of President Barack Obama’s National Economic Council, said the tax [...] [...]
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