Colorado

Jan 23, 2010 10:01 AM by Associated Press

New tax bills introduced at Colorado Capitol

A dozen proposals to raise about $150 million in new tax revenue have been introduced at the state Capitol. The bills introduced Friday are part of Gov. Bill Ritter's previously announced plan to balance the state budget.

One would charge sales tax on candy and soda to raise about $18 million a year. Another would tax energy used in manufacturing to bring in another $48 million.

The Denver Metro Chamber of Commerce and the National Federation of Independent Businesses are worried some of the changes could cost the state jobs. Some employees of Coca-Cola and Pepsi bottlers have also been writing to lawmakers to oppose the soda tax.

Ritter spokesman George Merritt says the governor is also proposing difficult cuts throughout the budget, including a $260 million cut for public schools.

»Comments

»Topics in this article

Most Popular

Top Videos

1 2 3 4