The measure that seeks to eliminate Colorado’s flat rate in favor of a graduated income tax contains a dozen brackets, with the highest levels set to accrue tens of thousands more in liabilities, ...
CHICAGO (WLS) -- Illinoisans voted on changing the state constitution to move from a flat tax to a graduated income tax, where the wealthy pay more, Tuesday, and Republicans claimed victory. As of ...
Last week the advocates who want to more than double the state income tax for Michigan's highest earners were exposed for trying to pull a fast one – they sought to swap out language and deny public ...
SPRINGFIELD, Ill. — When a progressive Chicago alderperson scolded Gov. JB Pritzker in November over his opposition to Mayor Brandon Johnson’s failed proposal to tax large corporations $21 per ...
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14 states have a flat tax and more states are joining them — here’s what it means for you
The trend toward flat personal income tax rates has accelerated over the past few years, with eight states switching to a flat tax since 2023 (including Kansas and Ohio, which will have flat rates ...
On June 22, 1987, Colorado became the first state in the nation to move from a progressive income tax code to a flat rate when then-Governor Roy Romer (D) signed House Bill 1331 into law. Now, nearly ...
The Daily Camera’s article on Colorado’s “foggy” economy highlights slowing job growth but misses the most important factors behind it. Our highest-paying sectors are shrinking, yet the piece points ...
The fast-moving effort to place a $4.1 billion-a-year income-tax hike on next year’s statewide ballot has been stopped in its tracks by the same state body that originally let it move forward.
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