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Initiative 27: Experts weigh in on property tax ballot initiative

Initiative 27: Experts weigh in on property tax ballot initiative Residential property taxes would drop to 6.95 percent from 7.15 percent, and non-residential property tax rates would drop to 26.4 percent from 29 percent A ballot measure designed to lower property taxes moves closer to a statewide vote. Colorado Rising State Action turned in over 190,000 signatures to the Secretary of State’s office on Monday. and last updated 2021-08-03 08:40:31-04 COLORADO SPRINGS — A ballot measur...
United States El Paso County Colorado Springs Michael Fields Kevin Vick Elliot Goldbaum
Source: koaa.com

DaVita, Kent Thiry indicted over hiring practices for top executives

Dialysis provider DaVita and its former CEO Kent Thiry are part of a federal indictment that accuses the Denver-based company of conspiring with competitors not to solicit each others top employees. The two-count indictment was handed up by a federal grand jury in Denver, the U.S. Justice Department said Thursday. “These charges show a disturbing pattern of behavior among health care company executives to conspire to limit the opportunities of workers,” Steven M. D’Antuono, the FBIs assis...
United States Jared Polis Stevenm Dantuono Kent Thiry Joe Biden Justice Department

Colorado May Temporarily Cut Property Taxes — While Undermining Proposed Ballot Measure For Larger Tax Cut

The bill would temporarily lower property tax rates and allow some homeowners to delay part of their property tax payments — but it's also designed to partially cancel out voters' chance to cut property taxes by a larger amount this November.
United States Cheesman Park Bob Rankin Michael Fields Kevinj Beaty Denverite Chris Hansen
Source: cpr.org

Report: Colorado continues slide in economic outlook rankings despite high economic performance

The 2021 report compiled by the conservative American Legislative Exchange Council (ALEC) ranked Colorado 20th in economic outlook because of the state’s sales and property tax burdens and its debt service as a portion of state revenue. On the other side, Colorado ranks second in economic performance because of its strong cumulative gross domestic product (GDP) growth, increased population, and non-farm employment growth. The report grades each state based on 15 criteria, which inclu...
United States Jared Polis Arthur Laffer Lisa Nelson Center Square American Legislative Exchange Council

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