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Colorado Democrats Cut $150M in Tax Breaks Amid Budget Crisis

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Source: The Colorado Sun
Colorado Democrats Cut $150M in Tax Breaks Amid Budget Crisis
Photo: The Colorado Sun
TL;DR

Democratic Colorado lawmakers are phasing out approximately $150 million in tax breaks to help address a $750 million budget shortfall, focusing on closing loopholes and increasing revenue through targeted legislation, while facing opposition from Republicans who favor spending cuts over tax increases.

Topics:nationpolitics#budget-deficit#colorado#democrats#politics#tax-breaks#tax-policy
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  1. Democrats are nixing about $150M in tax breaks to address Colorado’s $750M budget hole. They could be doing more.  The Colorado Sun
  2. Fireworks on day 3 of Colorado legislature's special session: Lawmakers trade accusations on tax policy  CBS News
  3. First batch of special session bills heads to Gov. Jared Polis  The Denver Post
  4. House approves six bills on third day of special session  Colorado Newsline
  5. Tax attorney urges public to follow changes made during Colorado’s special session  KDVR

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