Colorado's Tax Trap | Colorado Springs News

Colorado’s Amendment 87 promises a tax cut for most while taxing the wealthy more—but it’s a trap. By creating six tax brackets not adjusted for inflation, it’ll eventually shove nearly everyone into the top bracket. What starts as progressive becomes regressive over time, turning a temporary win into a long-term tax hike for all, undoing the economic boost from Colorado’s 1987 flat tax. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/31da91dd4efebcc4