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35%  
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  • Backgrounder: $617 million in Hidden Taxes from 2021 Session [ Colorado ]

    06/16/2021 10:30:27 AM PDT · by george76 · 9 replies
    Independence Institute ^ | June 15, 2021 | Ben Murrey
    With the 2021 Colorado regular legislative session concluded, lawmakers have approved tax and fee increases on Coloradans of up to $617 million annually without voter consent. The new revenues are enough to give every schoolteacher in Colorado a $11,343.65 per year raise. The tax and fee increases amount to an average of $430 per year for a family of four. New and Net Revenue.. This session, 83 bills passed by the legislature would increase state revenue. Senate Legislative Council (SLC) included revenue projections for 45 of these in fiscal notes for each. Some fiscal notes provide an estimated range rather...