Expect Colorado’s upcoming state tax refund to be the last big one for a while. Forecasts by legislative economists released on Thursday predict a softening of economic conditions, tighter budget forecasts and recent changes to state law. Together, those are expected to decrease state refunds due under Colorado’s Taxpayer’s Bill of Rights, or TABOR, from … Read more
Boasting that child poverty in Colorado would soon be cut nearly in half, Gov. Jared Polis on Friday signed a large new tax credit for low-income families into law. The ceremony put an underline on a legislative session that featured state policymakers looking again and again to the state surplus to flatten inequalities. Lawmakers passed … Read more
Colorado Democrats are eying a large portion of the state’s $1.8 billion-plus surplus this year to provide child tax credits targeted to help lower-income families — along with another slice devoted to helping people working in health- and child-care fields. The proposals are costly policy moves that could put state lawmakers on a path for … Read more
