Colorado Democrats want to use TABOR refund money to fight child poverty, help care workers with new credits

State Rep. Chris deGruy Kennedy, speaker pro tempore, left, and Speaker Julie McCluskie address members of the House’s transportation and local government committee during a meeting in the Old State Library at the Colorado State Capitol on Nov. 19, 2023, in Denver. They gathered on the third day of a special session on property taxes and other relief bills. Colorado Democrats are eying a large portion of the state’s $1.

Rep. Chris deGruy Kennedy, a Lakewood Democrat, said the proposal could cut the state’s child poverty rates in half. Some 133,000 Colorado children currently live in poverty, according to the Colorado Children’s Campaign. The proposed child tax credits would be permanent but would depend on the availability of surplus tax revenue above the limit set by the Taxpayer’s Bill of Rights, or TABOR.The measure joins a suite of other pitches by the majority Democrats to direct tax dollars collected over the TABOR cap toward lower-income Coloradans, including a further expansion of theBut as a consequence, the approach would chew into the tax refunds Coloradans have come to expect in recent years.

He said this effort was “very much about planting the flag” to establish the view that the state can use TABOR surplus money to tackle societal issues. He expects a fight over tapping into the surplus, especially since it has become a political tripwire following Like the child tax credit, the care workers credit would be permanent but dependent upon a TABOR surplus. It would cost more than $100 million per year, Garcia said, and would benefit as many as 70,000 lower-income workers.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Colorado librarian's new book highlights the importance of intellectual freedomJames 'Jamie' LaRue, the executive director of Garfield County Libraries, has written a book emphasizing the significance of intellectual freedom and the challenges of censorship. LaRue, who has extensive experience in the field, dedicates the book to readers and their right to read, as enshrined in the First Amendment.
Source: denverwestword - 🏆 315. / 61 Read more »

Colorado’s quiet killer: Alcohol ends more lives than overdoses, but there’s been no interventionIn this four-part series, The Denver Post investigated why so many Coloradans are dying from drinking, and what the state could do to reduce the number of people lost.
Source: denverpost - 🏆 13. / 72 Read more »

Wolves Released in Colorado Remain in Central and Northern MountainsThe 10 wolves released in Colorado last month, along with two wolves from a pack that migrated here from Wyoming, have remained in the central and northern mountains, according to a map released Wednesday by state wildlife officials.
Source: denverpost - 🏆 13. / 72 Read more »

Lawmakers propose bills to improve mental health care for Colorado agriculture workersBrandon Richard is a reporter for Denver7 in Denver, Colorado.
Source: DenverChannel - 🏆 239. / 63 Read more »

Colorado River: A crisis from headwaters to deltaThis project explores the complex challenges facing the Colorado River basin through a visual journey using photography, informative graphics and maps.
Source: denverpost - 🏆 13. / 72 Read more »

Colorado Has the Most Minor Political Parties in Decades — Meet the Newest OneThe Forward Party just became the state's eighth official minor political party.
Source: denverwestword - 🏆 315. / 61 Read more »