Democrats move to reverse state tax breaks for businesses, divert money to tax credit for lower-income families

Colorado Democrats move to reverse state tax breaks for businesses, divert money to tax credit for lower-income families

Colorado Democrats are advancing a package of bills in the final days of the 2026 legislative session that would end a suite of tax benefits for businesses and divert the revenue to a new tax credit for lower-income families.  Lawmakers say the measures are aimed at closing corporate tax loopholes and rebalancing the state’s tax code in the wake of President Donald Trump and congressional Republicans’ sweeping domestic policy law passed last sum…

Democrats move to reverse state tax breaks for businesses, divert money to tax credit for lower-income families

Colorado Democrats are advancing a package of bills in the final days of the 2026 legislative session that would end a suite of tax benefits for businesses and divert the revenue to a new tax credit for lower-income families.  Lawmakers say the measures are aimed at closing corporate tax loopholes and rebalancing the state’s tax code in the wake of President Donald Trump and congressional Republicans’ sweeping domestic policy law passed last sum…