Economy
Coloradans to receive TABOR tax refund, income tax cut
Colorado taxpayers are due for a refund from the government, thanks to a constitutional restriction on how much state revenue can increase each year. State taxpayers who filed single returns will receive a sales tax refund of approximately $69 on average, while those filing joint returns can expect an average refund of $166, according to […]
Last-minute law shrinks property tax cut measure to a fraction of original size
Last-minute tax legislation passed by the Colorado General Assembly earlier this year would likely reduce by more than 90% the impact of a billion-dollar tax cut measure on the 2021 ballot, a Newsline analysis of state property valuation data shows. Initiative 27, backed by conservative group Colorado Rising State Action, was officially certified to appear […]
Colorado labor, environmental groups push for big spending on clean transportation
Top Colorado Democrats joined leaders from local labor unions and environmental groups on Wednesday to call on the federal government to combat climate change with historic levels of spending on public transit and electric vehicles. “We are living in a time of climate crisis, and we recognize that we need to do better, we need […]
Everything we know about work is wrong. The pandemic proved it.
“Everything we know about work is wrong. The pandemic proved it.” first appeared in the Pennsylvania Capital-Star. So what can the plight of a little cafe tell you about the state of the American economy and the changing face of work? A lot, as it turns out. The other week, the bistro where my family […]
Restaurants consider higher pay, new wage models to attract workers
After 20 years working in the restaurant industry, Cliff Blauvelt is ready to start his own business: Bodega Denver, a fast-casual establishment specializing in sandwiches. If all goes well, the business will open in March 2022 — two years after COVID-19 sent shock waves through Colorado’s restaurant industry as businesses were forced to close and, […]
Supreme Court rejection of eviction ban increases pressure to dole out rental aid money
WASHINGTON — The U.S. Supreme Court’s rejection of the Biden administration’s last-ditch effort to extend a federal ban on evictions has put hundreds of thousands of American renters at risk of losing their housing — and is increasing pressure on states and localities to get rental assistance dollars distributed faster. In an eight-page majority opinion […]
Two statewide tax initiatives qualify for 2021 Colorado ballot
Two tax measures are headed to Colorado’s 2021 statewide ballot after supporters submitted the required number of voter signatures, Secretary of State Jena Griswold’s office announced this week. The measures, Initiatives 25 and 27, are the first to qualify for the 2021 ballot. Supporters submitted more than the 124,632 valid signatures — 5% of the […]
Data indicates 40% increase in use of Denver metro emergency homeless shelters
Denver area homeless providers and residents have suspected that homelessness has been on the rise throughout the pandemic, but now there is some data to back up those claims. The Denver metro area saw a 40% increase in the number of people staying in emergency homeless shelters on a single night compared to last year, […]
Colorado’s child poverty rate was improving pre-pandemic, but that trend is likely to change
Colorado’s child poverty and unemployment rates had been steadily falling prior to the pandemic, and median family income was on the rise. But all of that progress came to a halt in March 2020 after the spread of COVID-19 triggered stay-at-home orders and mass layoffs, which propelled the percentage of U.S. children with an unemployed […]
Colorado’s new seat in Congress gets first well-known candidate: state Rep. Caraveo
Colorado state Rep. Yadira Caraveo, a Thornton Democrat, is the first well-known candidate to put their name in the hat for the state’s newest seat in Congress. Caraveo, a pediatrician, announced her formal bid for the 2022 election on Tuesday. The Latina lawmaker, who is the daughter of Mexican immigrants, has championed progressive legislation around […]
These five Colorado counties account for more than 73% of evictions filed this year
Thousands of evictions have been filed throughout Colorado since January, highlighting the gaps in both state and federal eviction protections put in place throughout the pandemic. Between January and August, 13,212 evictions were filed across the state, with more than 73% of eviction filings submitted in Arapahoe, Adams, El Paso, Jefferson and Denver counties, according […]
Beckman Coulter Life Sciences selects northern Colorado for expanded research and development facility
Beckman Coulter Life Sciences has selected northern Colorado for its expanded research and development facility, the Colorado Office of Economic Development and International Trade announced Monday in a press release. “We have been impressed with the caliber of the talent pool in the greater Loveland area along with the prime location, culture, educational opportunities, and […]