This November, voters in Colorado will have the opportunity to vote on Proposition 116, a state income tax reduction, which would decrease Colorado’s income tax rate from 4.63% to 4.55%.
The costs for Colorado residents to obtain a degree at a university or college within the state is only getting more expensive, as tuition and fees have far outpaced inflation and most other consumer items.
A series of legislative proposals and proposed ballot measures would impose billions of dollars of higher taxes and fees on a state economy that’s struggling to restart after the COVID-19 shutdown.
This report examines the projections of past oil and gas setback studies and how they can be applied to future analysis in response to 2020 ballot measures.
