Tag: tax
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Letters to The Province: Refunding empty-homes tax to builders was truthful
Article content material For as soon as, widespread sense and equity has prevailed at Metropolis Corridor. Article content material The choice to refund the empty properties tax to builders which might be holding unsold stock was the right and simply evaluation. By maintaining the cash collected, the town can be complicit in including to the…
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Alex Hemingway: Why Canada nonetheless wants a wealth tax — and what it may fund
Breadcrumb Path Hyperlinks Opinion Op-Ed Opinion: Tax on wealth above $10 million would increase an estimated $32 billion within the first 12 months alone for wanted packages. Printed Might 09, 2023 • Final up to date 1 hour in the past • 3 minute learn A contemporary wealth tax have to be complete, making use of…
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Colorado legislature asks voters to approve 10-year property tax aid plan, make $2B in taxpayer refund checks equal
Colorado voters will determine in November whether or not to approve a 10-year plan to rein in skyrocketing property taxes, in addition to whether or not the state ought to distribute about $2 billion in Taxpayer’s Invoice of Rights refunds checks subsequent yr in equal quantities relatively than linking their measurement to individuals’s revenue degree,…
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Letters to The Province: We have to implement an EV street tax, as in different progressive jurisdictions
Breadcrumb Path Hyperlinks Opinion Letters Opinion: Letters to The Province: We have to implement EV street tax, as in different progressive jurisdictions. Revealed Oct 28, 2023 • Final up to date 1 hour in the past • 2 minute learn One supply of funding that seems to be the ‘elephant within the room’ is charging an…
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Proposition HH: What you have to know concerning the Colorado property tax aid plan
Property values throughout Colorado rose sharply in the course of the pandemic, inflicting a spike in how a lot property taxes are owed subsequent yr. Proposition HH would blunt these rising property taxes in Colorado for no less than the following 10 years. It could additionally develop the state funds, place new limits on native…
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Federal electrical car tax credit score change will turbocharge Colorado gross sales, native officers say
The U.S. Treasury’s choice Friday to let electrical car patrons take $7,500 in federal tax credit off the value at time of buy subsequent 12 months will speed up the EV revolution in Colorado and provides extra folks entry to the clear expertise, state leaders mentioned. EV patrons at present have to attend till subsequent…
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Colorado’s sports activities betting tax income doubled, which means thousands and thousands extra for water initiatives
The tax income generated by sports activities betting in Colorado greater than doubled final fiscal 12 months to about $25.6 million, which means much more cash will likely be accessible for state water initiatives. The haul, collected from July 1, 2022, by means of the tip of June, was a 106% improve over the earlier…
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A 12 months after Colorado exempted menstrual merchandise and diapers from state gross sales tax, few native governments have adopted swimsuit
Gov. Jared Polis and the legislature final 12 months waived the state’s 2.9% gross sales tax for menstrual merchandise and diapers, billing it as a solution to save Coloradans cash on important hygiene gadgets. “This new bipartisan legislation lastly ends the gross sales tax on diapers and female hygiene merchandise completely and begins saving individuals…
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Colorado ski resorts loved a report season with mountain cities harvesting highest-ever tax income
This story first appeared in The Outsider, the premium out of doors e-newsletter by Jason Blevins. In it, he covers the business from the within out, plus the enjoyable aspect of being outdoor in our lovely state. The 2022-23 winter marked yet one more banner season for Colorado’s ski resorts and mountain cities. Colorado Ski…