Content Tagged As tax_hikes
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House Dems deeply divided over Obama tax hike
September 15, 2010 9:05 AM
Congressional Democrats are showing deep divisions over President Barack Obama's plan to allow taxes on the wealthy to go up. Democratic leaders committed to Obama's plan are hearing from some lawmakers who fear that raising taxes on anyone in a weak economy could be politically lethal. A group... more » -
Obama: tax hikes may be used to fight deficit
April 27, 2010 1:10 PM
President Barack Obama is refusing to rule out anything -- including tax increases -- in the fight against "exploding deficits." Obama says he wants a bipartisan fiscal commission to be free to do its work. The president told reporters Tuesday that neither he nor the commission members would... more » -
McInnis: Tax hikes not the answer for Colorado budget
February 15, 2010 4:05 PM
GOP gubernatorial candidate Scott McInnis says Democrats who propose taxing candy and soda to help balance the state budget are cremating jobs, not creating them. McInnis spoke Monday at a Denver plant of The Pepsi Bottling Group, which says it could lose jobs if customers have to pay more... more » -
Colorado tax hikes would undo tax breaks
February 12, 2010 9:08 AM
The tax hikes lawmakers are rushing to pass to balance the budget would undo about 6 percent of the $2.2 billion in tax credits and exemptions on Colorado's books. They would affect a range of industries, from manufacturing to information technology to agriculture, as well as consumers. Buyers of... more » -
Sales tax on internet purchases in Colorado
February 5, 2010 8:18 AM
A bill to make Colorado the fourth state to force online retailers like Amazon to charge state sales tax advanced in the legislature Thursday. The Senate Finance Committee backed the proposal--one of 13 tax bills proposed to balance the state budget. Colorado retailers back the bill, saying online retailers... more » -
Colorado lawmakers begin debate nixing tax breaks
January 29, 2010 2:06 PM
Colorado lawmakers have begun marathon debate on a plan by Gov. Bill Ritter to impose taxes on Internet purchases, junk mail, candy and soft drinks. The House Finance Committee on Friday approved a bill that would suspend tax breaks for farmers and ranchers. Troy Bredenkamp, executive vice president... more »
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