The defeat of Denver’s ambitious affordable housing sales tax by voters has generated plenty of reflection in the week since Mayor Mike Johnston and other supporters’ hopes for a narrow passage flickered out. Political activists, observers and even supporters say the proposal suffered from the lack of a clear spending plan that could be explained … Read more
US Senator Marco Rubio, who could be the first Latino to serve as Secretary of State under President-elect Donald Trump’s administration, has a history of financial missteps that have come under the spotlight repeatedly over the years. Despite his role as a prominent political figure, Rubio’s handling of his finances—from questionable credit card practices to … Read more
Opinions expressed by Entrepreneur contributors are their own. The election promises to bring more tax ramifications than any other election in recent history. It presents an opportunity to rethink the tax code, potentially making it more pro-growth by moving away from income-based taxes towards consumption-based models. Such reforms could increase savings and capital investment, fostering … Read more
By Fatima Hussein | The Associated Press The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 — to $23,500, up from $23,000 in 2024. The Internal Revenue Service detailed the increases in its annual cost-of-living adjustments for pension plans and other retirement accounts. Workers who … Read more
A company planning to build a new data center in north Denver will no longer seek a $9 million tax break from the city after the proposed deal raised questions among City Council members about water and energy usage. CoreSite will still build the data center in the Elyria-Swansea neighborhood — but without striking the … Read more
The mayor’s revised plan to raise commercial tax rates easily passed the Boston City Council Wednesday, and will now be sent to the state Legislature for consideration with the clock ticking before rates are set by the city next month. The City Council approved the mayor’s revised home rule petition, filed last week by Michelle … Read more
Boston College is flat-out refusing to own up to the $4.8 million overdue bill in the city’s volunteer PILOT tax program, saying the institution vigorously guards its “tax-exempt status.” Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: October 30, 2024 at 5:15 AM EDT Read original article here … Read more
Living in Colorado, for many, means spending a lot of time worrying about how to make the rent or the mortgage — or whether they’ll ever be able to buy a home. Housing costs have been on a long and sometimes sharp climb throughout the state. In Colorado Springs, home prices have risen 119% since … Read more
How can California balance its progressive tax policies with the need to retain businesses and high-income residents? What specific skills will be valuable in an AI-driven economy? These and other issues will be discussed during the Business Forecast Conference hosted by the business advocacy group the Valley Industry & Commerce Association (VICA) and its president, … Read more
A water provider in metro Denver has faced a lose-lose situation: Apply for state funding for water projects and risk giving up tax revenue — or abstain from seeking the millions of dollars of available grant money altogether. It’s a bad choice voters can help an Adams County water district avoid by passing a ballot … Read more
