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My personal musings about anything that gets on my radar screen--heavily dominated by politics.

2008-04-16

"Pro-Business" Ritter: Oh, Did I Mention This? 

That I'm actually going to be charging Colorado businesses MORE in tax this year.

What, you didn't see the story? Perhaps that's because it was buried on page 2 of the business section.

That's why we're here.

It was pitched as part of a pro-business legislative package. Now it seems that a key part of Gov. Bill Ritter's agenda will create more losers than winners in the corporate community. . .

It was Rep. Douglas Bruce who ferreted out the harsh truth about the bill. Quizzing Todd Herreid of the Colorado Legislative Council staff, Bruce let it be known that the council used Department of Revenue information and estimated 70 percent of Colorado corporate filers would pay more in taxes, somewhere between $25 million and $50 million in the aggregate. The remaining 30 percent get the savings.

Oh, well. I suppose the Governor can still be said to be 30% pro-business.

[cross-posted at RitterWatch]
Posted by: Michael / 4/16/2008 10:13:00 PM

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