Lone Tree considers sales tax hike to offset lost revenue from online shopping Drew Smith The city of Lone Tree is considering a 1% sales tax increase to offset changing consumer shopping habits. and last updated 2021-07-23 21:35:31-04 LONE TREE, Colo. â For decades the city of Lone Tree has built its reputation as a premier shopping destination in Colorado between the Park Meadows Mall and numerous big name and local stores. Over the years, the city has been so successful at its sales it doesnât charge residents a local property tax, it doesnât charge businesses an occupation...