In fact, 2016 tax receipts were up in mountain towns now that the bicycle race is gone. Aspen, Steamboat, and Breckenridge all saw increased tax collections in August, a year after the race shut down their towns for a few hours. So it turns out it was all spin by PR hacks and the the state’s tourism office, who bragged about how “amped” that Coloradans were to have this bike race – so “amped” that the race went out of business and failed to deliver any tax boost to the communities it impacted.