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Initiative 195 has made the Colorado ballot for November. If it passes, this would change Colorado's state income tax from its current flat 4.4% to a graduated income tax (similar to how federal taxes work). Proposed Colorado State Income Tax Brackets As a result of these changes, it's estimated to raise Colorado revenues by about … Continue reading Colorado Initiative 195: State Graduated Income Tax
Someone reminded me the other day about Colorado Promise and I realized I'd never written about it. Most Coloradans are (hopefully) aware of the College Opportunity Fund, which pays a stipend for Colorado residents to attend in-state public universities (and some in-state private universities). They are also (hopefully) aware of Colorado's College Invest 529 plan, … Continue reading Colorado Promise Tuition Assistance
Someone reminded me today about Colorado's Senior Property Tax Exemption. While Colorado property taxes are actually relatively low, that doesn't mean they are $0, so this is worth checking out. We are not 65 so haven't been able to use it yet, but I realized that I had never written about it for those who … Continue reading Colorado’s Senior Property Tax Exemption