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Colorado lawmakers vote to eliminate tax breaks

Posted: Feb 2, 2010 7:03 AM by Associated Press

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The Colorado House approved and sent to the Senate a package of bills that would eliminate or suspend tax breaks on junk mail, candy and soft drinks. They also approved a tax on software downloaded from the Internet and fast food takeout boxes.

Gov. Bill Ritter proposed going after the tax breaks after the state was forced to cut $2 billion from this year's budget and another $1 billion in next year's budget that begins July 1.

Republicans opposed the governor's plan, saying it might backfire, angering voters and forcing companies to leave the state.

Topics: tax breaks, colorado, lawmakers, soda tax, candy, junk mail, software, taxes, economy, government

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