Tag Archive | "Business Tax Exemptions"

CACI’s Chuck Berry: Ignoring The Impact of Tax Increases on Businesses

“Colorado lost 198,400 jobs last year, and our state’s unemployment rate for January was 7.5 percent for January. Consequently, we can only urge the legislature to focus on assisting employers — whose ability to retain and create jobs is absolutely vital to economic recovery —instead of burdening businesses with the tax bills.”

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Colorado Not Targeting All Tax Breaks

Tax increases Colorado lawmakers are rushing to pass to balance the budget would undo about 6 percent of the $2.2 billion in tax credits and exemptions on Colorado’s books.

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Tax Bills Move

Candy, soda, Amazon purchases and select software are one step closer to being taxed after the Colorado senate Wednesday gave its final approval to a group of bills that would suspend or eliminate a series of tax credits or exemptions.

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GOP Sen. Brophy Predicts Problems With Bills Increasing Taxes

As the legislative battle over eliminating tax breaks nears its end, some lawmakers wonder if another front will emerge months down the line in court.

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Post Editorial Prompts Sen. Cadman To Seek Newspaper Tax Break Cut

Senate Republicans Monday night said they found one industry whose tax break they actually were OK with eliminating: newspapers.

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GOP Pounces on Heath Misstatement

Colorado Republicans Monday jumped on Sen. Rollie Heath, a Boulder Democrat, for referring to the proposed elimination of a series of tax credits and exemptions as a tax increase.

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Senate Tax Debate Goes Deep Into Night, But Measures Win Approval

The Colorado Senate gave initial approval to a package of bills removing tax breaks on candy, soda, software, junk mail and other items Monday night.

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HB10-1193: Colorado Considers New Tactic to Tax Online Sales

Colorado lawmakers are considering a new tactic to go after tax revenue from online sales. They want out-of-state online retailers to either start collecting the tax or send annual notices to their customers telling them to pay the tax themselves.

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Parties Lock Horns Over Tax Package, Offer Dueling Budget Plans

After a week of intense debate, late nights and high tension, the Senate began floor debate on a package of Democratic bills that cut business-tax exemptions and credits in order to balance a budget that is bleeding red ink.

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GOP Senator Asks Panel To Telecast Today’s Tax-Exemption Debate

It’s only been three weeks, but already’s there’s a move to change a policy about televising House and Senate proceedings.

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