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The state’s dismal economic forecast requires the green tax credits be slashed in 2026, Colorado economists said Wednesday. Listen to Morning Edition host Michael Lyle, Jr. discuss this story with Health/Environmental Writer Michael Booth and then read The Colorado Sun story at the link below.
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Proposition 120 sparks a debate over property tax cuts. Here's why it's complicated by a recent billChris Brown, a non-partisan researcher who has spent many hours examining the economic effects of Prop. 120, jokes it would probably take more than a single beer to explain all the nuances of the initiative to the average voter.
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Being able to deduct local income and property taxes, evens things out — but the House Republican plan in the works eliminates most of those reductions, meaning no tax savings.
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Republicans set up some of their most-touted tax overhaul ideas to expire in five years, but it's possible they have no intention of letting those proposals die.