Colorado Democrats Cut $150M in Tax Breaks Amid Budget Crisis
TL;DR Summary
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.
- Democrats are nixing about $150M in tax breaks to address Colorado’s $750M budget hole. They could be doing more. The Colorado Sun
- Fireworks on day 3 of Colorado legislature's special session: Lawmakers trade accusations on tax policy CBS News
- First batch of special session bills heads to Gov. Jared Polis The Denver Post
- House approves six bills on third day of special session Colorado Newsline
- Tax attorney urges public to follow changes made during Colorado’s special session KDVR
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