(TABOR requires that excess revenue be returned to Colorado taxpayers.) This will make the 2024 income tax rate 4.25%. TABOR payments/refunds are based on whether the state exceeds a surplus ...
From January through May of this year, legislators in Colorado, Georgia ... taxes or borrowing any money.” “The income tax cut will cost the state about $99.5 million a year,” the Associated ...
Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates, according to an analysis from the ...