On Marijuana Tax, Colorado Asks: What’s Too High? If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
Senate planning vote on Internet sales tax bill The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
Where do more tax cheats live? South and West, IRS study shows Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
Obamas paid $112,000 in taxes in 2012 President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
The IRS is overhauling how it audits. Here’s who is a target The tax agency said Thursday it will be “taking swift and aggressive action” to crack down on people and companies not paying taxes properly. 05/2/2024 - 2:16 pm | View Link
I want to retire early as a millionaire, so I asked financial planners for 3 passive income streams I should be thinking about right now Financial planners say investment properties and Social Security are two forms of "passive income" their millionaire clients use in retirement. 05/2/2024 - 10:55 am | View Link
Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, more than the past six generations did at that age. 05/2/2024 - 1:33 am | View Link
Biden takes aim at Trump-era tax cuts — and his own campaign promise Two weeks ago, President Joe Biden took aim at the Republicans’ 2017 Tax Cuts and Jobs Act and its provisions that are due to expire in 2025. He told electrical union workers, “It’s going to expire, ... 05/1/2024 - 9:55 am | View Link
Forget To File Your Taxes? You Might Hear From The IRS According to the IRS, the mailings are being sent to more than 25,000 people who have more than $1 million in income between tax years 2017 and 2021, and to more than ... 04/30/2024 - 1:22 pm | View Link
A clear majority of residents in the top swing states support access to abortion, according to a massive new poll.
The Public Religion Research Institute surveyed 22,000 people across the country on abortion In the seven battleground states that are expected to define the presidential race—Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin—a collective 64% of residents say abortion should be legal in all or most cases.
Even red states are seeing growing support toward abortion rights; 57% of residents there say abortion should be legal in all or most cases.
In fact, pollsters found only five states where supporters of abortion rights are in the minority: North Dakota, South Dakota, Arkansas, Idaho, and Utah.
To learn more about the poll’s findings, read today’s D.
By Elliott Wenzler, Post-Independent
A proposal to restrict big-rig truckers from using the left lane in certain high-risk areas of Interstate 70 through Colorado’s mountains moved closer to becoming law Tuesday after the state House gave near-unanimous support of the idea.
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Senate Bill 100, brought by Western Slope lawmakers, would also expand where truckers are required to carry chains during winter months.
After sponsors amended the bill, it now also requires the Colorado Department of Transportation to look into whether the state should temporarily close roadways to truckers during snowstorms.
(WASHINGTON) — Halle Berry is joining a group of bipartisan senators to push for legislation that would put $275 million toward research and education around menopause, the significant hormone shift women go through in middle age.
The legislation calls for the federal government to spend more on clinical trials on menopause as well as the hormone therapy that is used to treat hot flashes and other symptoms.
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Berry, 57, shouted about menopause outside the U.
The Colorado legislature has expanded its floor calendars and plans fast agendas as it works to pass legislation on housing, gun regulation, transportation, taxes and other priorities ahead of the end of the 2024 session next week. Here are updates on major action and key developments.
This story will be updated throughout the day.
Updated at 3:16 p.m.: The House advanced a bill Thursday afternoon that would launch a study to determine “any potential historical and ongoing effects of slavery and subsequent systemic racism on Black Coloradans that may be attributed to practices, systems and policies of the state.”
Senate Bill 53 would be conducted by History Colorado and overseen by a governor-appointed commission.
In his first public remarks on this week’s campus protests, President Joe Biden criticized much of the unrest over the Israel-Hamas war erupting at colleges across the country, saying “none of this is a peaceful protest.”
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“Destroying property is not a peaceful protest,” Biden said Thursday. “It is against the law.