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Taxes & Fees

Colorado’s Economic Recovery Through the Lens of Taxable Sales

Colorado’s Economic Recovery Through the Lens of Taxable Sales

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Colorado economic activity as proxied by taxable sales, generated from the purchase of taxable goods and services, has more than fully recovered. Through the end of 2021, this crucial driver of both state and local sales tax revenue has grown well beyond pre-pandemic levels, even after adjusting for population growth and recent inflation.    

The Steep Price Tag of the 2021 Legislative Session:

The Steep Price Tag of the 2021 Legislative Session:

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Common Sense Institute analyzes the taxes and fees that resulted from the 2021 legislative session. Under the additional impact of this year’s legislative action, the total net direct cost of rules and legislation passed since 2018 is now over $2.1 billion.